KOTAK MAHINDRA BANK LTD. (KOTAKBANK)
General Updates
Manish Kothari, Group President and Head – Commercial Bank, resigns effective September 30, 2026.
- Transition plan integrates Commercial Bank portfolio into Retail and Institutional segments.
- Kothari served 31 years, contributing to Kotak's growth from NBFC to financial conglomerate.
- Resignation for personal reasons, possibly entrepreneurial pursuit.
- Bank expresses gratitude and confidence in leadership continuity.
Source: Original filing PDF
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🚨 KOTAKBANK — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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