Kotak Mahindra Bank

Kotak Mahindra Bank Q3 Results: Standalone PAT Rises 4% YoY, NII Grows 5%

Kotak Mahindra Bank has announced its Q3 FY2026 financial results, reporting a 4% year-on-year rise in standalone Profit After Tax (PAT) and a 5% growth in Net Interest Income (NII). The results highlight steady performance despite challenging macroeconomic conditions, reflecting the bank’s focus on risk management, digital expansion, and customer-centric strategies. Background of the Results…

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Ashok Vaswani

Kotak Mahindra Bank CEO Ashok Vaswani Says It’s Premature to Comment on IDBI Bank Acquisition and Other Strategic Deals

Kotak Mahindra Bank CEO and Managing Director Ashok Vaswani has stated that it is “premature” to comment on the potential acquisition of IDBI Bank or any other strategic deals currently circulating in the market. Speaking during the bank’s post-earnings media call on October 25, 2025, Vaswani emphasized that the bank is evaluating multiple opportunities but…

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