KOTAK MAHINDRA BANK LTD

The bank serves 5.2 crore customers across 5,581 branches with consolidated total assets of Rs 10,03,353 crore. Revenue comes from three core banking segments — Retail Banking (48.1% of segment revenue), Corporate Wholesale Banking (34.8%), and Treasury, BMU and Corporate Centre (17.1%) — plus a set of financial services subsidiaries covering insurance, asset management, broking, vehicle financing and advisory. Retail Banking generated Rs 25,067 crore at a 17.4% EBIT margin; Corporate Wholesale Banking produced Rs 18,108 crore at a 30.7% margin; the Treasury segment, though only 17.1% of revenue, ran at a 79.9% EBIT margin. In Q1 FY27, the standalone bank earned a net profit of Rs 4,123 crore (+26% YoY) on net interest income of Rs 7,928 crore, with net advances of Rs 5.12 lakh crore (+15% YoY) and deposits of Rs 5.73 lakh crore (+12% YoY). Subsidiaries contributed 33% of consolidated PAT, with Kotak AMC, Kotak Prime, Kotak Securities and insurance among the larger contributors. Asset quality is strong — gross NPA at 1.18%, capital adequacy at 22.78%, NIM held at 4.53% for a third straight quarter. The bank is acquiring Deutsche Bank's India retail, private banking and wealth business for Rs 281 crore — adding roughly 150,000 customers, Rs 29,000 crore in advances, Rs 16,000 crore in deposits and Rs 10,500 crore in wealth AUM, with closing scheduled for September 2027.