Kotak Mahindra Bank Acquires ₹9,587 Cr Loan Portfolio from Subsidiary

Kotak Mahindra Bank Ltd. has completed the direct assignment of a loan portfolio from its wholly-owned subsidiary, Kotak Mahindra Investments Limited (KMIL). The assigned portfolio amounts to ₹9,587.62 crore as of July 1, 2026. This move is in line with the bank's earlier decision to conduct KMIL's business activities departmentally from April 1, 2026, aiming for group simplification and operational synergies, in compliance with RBI directions. The original proposed acquisition included non-treasury investments and a larger loan portfolio of ₹10,639 crore as of March 31, 2026.