Kotak Mahindra Bank Limited is a leading financial institution providing a comprehensive range of banking and financial services. Catering to both corporate and retail customers, the bank extends operations across personal finance, investment banking, life insurance and wealth management.
Kotak Mahindra Finance Limited, the flagship company of the Kotak Group, obtained a banking licence from the Reserve Bank of India in February 2003. This led to the foundation of Kotak Mahindra Bank Limited, the first non-banking finance company in India to do so. On April 1, 2015, ING Vysya Bank Limited merged with Kotak Mahindra Bank.
Kotak Mahindra Bank Limited was listed on the stock exchanges in the year 1992. Kotak Mahindra Bank Limited is listed on the National Stock Exchange and the BSE.
It has a market capitalisation of over ₹362,000 crore as of January 31, 2024. Kotak Mahindra Bank share price has grown by over 6% in the previous three years.
Business operations
The headquarters of Kotak Mahindra Bank is located in Mumbai. It has set up 1,780 bank branches, 2,963 ATMs and 15,572 micro ATM installations. Kotak Mahindra Bank operates across 834 pan-India locations and has over 4,417 group branch networks in India. It has also set up an international banking unit in Gujarat International Finance Tec-City (GIFT City) in Ahmedabad, a bank branch in the Dubai International Financial Centre (DIFC) and operates through its offices in New York, London, Mauritius, Dubai, Singapore and Abu Dhabi.
Kotak Mahindra Bank provides a bouquet of products and services under its consumer banking segment such as deposits, lending solutions and transaction services like priority banking, working capital to SME segment and FASTags for retail customers.
One of the bank’s flagship services is called the Privy League programme. It caters to high-net-worth customers, providing features and benefits such as power-packed cards, lifestyle perks and preferential pricing. The bank is also one of the few lending institutions that have authorisation to open salary accounts for personnel of the Indian Army, Indian Coast Guard, and civilian employees of the Indian Navy.
Kotak Mahindra Bank has an Asset Reconstruction Division that provides vital financing required to revive stressed companies.
The bank has many subsidiaries which cater to millions of customers. One of them is Kotak Securities which operates as one of the largest broking houses in India with a wide geographical reach. Its services include stock broking and the distribution of various financial products, including private and secondary placement of debt, equity and mutual funds.
Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) is a 100% subsidiary of Kotak Mahindra Bank. Within India, Kotak General Insurance offers services in the non-life insurance segment. Its other popular subsidiaries are Kotak Mahindra Prime Limited, Kotak International Business, Kotak Mahindra Asset Management Company and others.
Kotak Mahindra Bank Financial Highlights
- Revenue: Kotak Mahindra Bank reported revenue of ₹1,07,563.70 crore in FY26 vs ₹1,03,076.10 crore in FY25. It showed an increase of 4.35% on a yearly basis.
- Operating Profit: Kotak Mahindra Bank reported an operating profit of ₹25,992.72 crore in FY26 vs ₹28,989.03 crore in FY25. It showed a decrease of 10.34% on a year-on-year basis.
- Net Profit: Kotak Mahindra Bank reported a net profit of ₹19,180.62 crore in FY26 vs ₹21,945.74 crore in FY25. It showed a decrease of 12.60% on a yearly basis.
Kotak Mahindra Bank Quarterly Result Highlights
- Kotak Mahindra Bank reported revenue of ₹28,107.60 crore in Mar 2026, compared with ₹27,850.79 crore in Dec 2025, representing an increase of 0.92% on a quarter-on-quarter (QoQ) basis.
- Kotak Mahindra Bank reported an operating profit of ₹7,443.21 crore in Mar 2026, compared with ₹6,533.34 crore in Dec 2025, representing an increase of 13.93% on a quarter-on-quarter (QoQ) basis.
- Kotak Mahindra Bank reported a profit of ₹5,401.55 crore in Mar 2026, compared with ₹4,904.00 crore in Dec 2025, reflecting an increase of 10.15% on a QoQ basis.
- The earnings per share (EPS) of Kotak Mahindra Bank stood at ₹111.29 during Mar 2026.
