loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

Kotak Mahindra Bank has completed the direct assignment of a ₹9,587.6 crore loan

ICICIdirect Research 03 Jul 2026 DISCLAIMER

News: As per the exchange filing, Kotak Mahindra Bank has completed the direct assignment of a ₹9,587.6 crore loan portfolio from its wholly owned subsidiary, Kotak Mahindra Investments Ltd. (KMIL), effective July 1, 2026, as part of its plan to undertake KMIL’s lending business departmentally within the bank. The transfer forms part of the previously announced proposal to acquire KMIL’s loan portfolio and non-treasury investments aggregating ₹10,639 crore (as of March 31, 2026) in one or more tranches.

View: The restructuring has been undertaken in line with RBI’s Commercial Banks–Undertaking of Financial Services Directions, 2025, and is aimed at simplifying the group structure, improving operational efficiencies and driving business synergies by consolidating lending activities within the bank.

Impact: Neutral

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere