Kotak Mahindra Bank announced that Virat Diwanji will cease to be the Group President and Head - Consumer Bank and a member of the Group Management Council (Senior Management Personnel), on account of his superannuation on 31 July 2024.Powered by Capital Market - Live News

Net profit of Kotak Mahindra Bank rose 79.47% to Rs 7448.16 crore in the quarter ended June 2024 as against Rs 4150.19 crore during the previous quarter ended June 2023. Total Operating Income rose 23.06% to Rs 15836.79 crore in the quarter ended June 2024 as against Rs 12868.93 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income15836.7912868.93 23 OPM %22.5719.94 - PBDT6007.595586.43 8 PBT6007.595586.43 8 NP7448.164150.19 79 Powered by Capital Market - Live News

Net profit of Kotak Mahindra Bank rose 81.03% to Rs 6249.82 crore in the quarter ended June 2024 as against Rs 3452.30 crore during the previous quarter ended June 2023. Total Operating Income rose 21.39% to Rs 12746.11 crore in the quarter ended June 2024 as against Rs 10500.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income12746.1110500.00 21 OPM %60.0258.75 - PBDT4675.634585.26 2 PBT4675.634585.26 2 NP6249.823452.30 81 Powered by Capital Market - Live News

Kotak Mahindra Bank will hold a meeting of the Board of Directors of the Company on 20 July 2024.Powered by Capital Market - Live News

Kotak Mahindra Bank announced that the 39th Annual General Meeting (AGM) of the bank will be held on 3 August 2024.Powered by Capital Market - Live News