July, 06 2026 Monday 07:28 Hrs
Last update 11-9-2025
  • SENSEX :   77,763.91

  • Commodity broking firm in India261.79( 0.34%) 03-Jul-2026
Positive
Sensex 77763.91 261.79  (0.34) 03-Jul-2026
Previous Day Close 77502.12
Today's High/Low
High Low
  •  
  •  
78157.52 77710.01

Company News Details

Kotak Mahindra Bank Ltd
Industry :  Banks - Private Sector
BSE Code
ISIN Demat
Book Value()
500247
INE237A01036
135.9229559
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
KOTAKBANK
28.17
394585.95
EPS(TTM)
Face Value()
Div & Yield %
14.08
1
0.16
 

Kotak Mahindra announces direct assignment of loan portfolio from Kotak Mahindra Investments
Jul 02,2026

Kotak Mahindra Bank announced that the loan portfolio of Kotak Mahindra Investments (KMIL), aggregating to an outstanding amount of Rs. 9,587.62 crore as on 01 July 2026, stand directly assigned to the Bank, with effect from the same date.

The aforesaid direct assignment has been effected in furtherance of the decision of the Bank to conduct the business activities of KMIL departmentally within the Bank on and from April 1, 2026, in compliance with the provisions of the Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) Directions, 2025 and in the interest of group simplification and to drive operations synergies.

Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.