Kotak Bank to Acquire ₹10,639 Cr Loan Portfolio from KMIL

Kotak Mahindra Bank's Board has approved the acquisition of a loan portfolio and non-treasury investments, aggregating to ₹10,639 crore as of March 31, 2026, from its wholly-owned subsidiary, Kotak Mahindra Investments Limited (KMIL). This transaction, aimed at group simplification and operational synergies, will be executed in one or more tranches during Q2 FY 2026-27. The final amount will be based on outstanding balances at the time of acquisition. As a related party transaction, it will be conducted on an arm's length basis, with no interest from the Promoter/Promoter Group or other Group Companies. No regulatory approvals are required.