Kotak Mahindra Bank Chairman's Speech at 41st AGM Highlights Growth

Kotak Mahindra Bank's Chairman delivered a speech at the 41st Annual General Meeting, marking four decades of operation and highlighting significant achievements. The bank's consolidated balance sheet surpassed ₹10 lakh crore in FY 2025-26. The speech touched upon the resilient global economy despite geopolitical challenges, India's strong growth trajectory, and the banking industry's operating environment. Kotak's diversified business model, anchored by Banking & Lending, Capital Markets, Asset Management, and Protection, is strategically focused on customer segments, independent product businesses, and technology. Financially, consolidated Profit After Tax stood at ₹19,288 crore, with Net Worth increasing 15% YoY to ₹1,81,113 crore. Customer Assets Under Management grew 12% YoY to ₹7,47,613 crore.