Kotak Mahindra Bank

Citi said the bank was benefiting from FCNR-B deposit inflows and recovering retail credit demand, while its SME lending grew 20% in the first quarter. [1] source: NDTV Profit Citi also noted improvement in personal loans, cards and loan-against-property lending. [1] source: NDTV Profit Kotak Mahindra Bank partners with Amazon Pay on an offer for Business Prime members that includes cashback, GST-compliant purchasing and working-capital credit. [2] source: Business Standard

In September 2026, Citi set a Rs 465 target for Kotak Mahindra Bank and valued its banking business at Rs 332 per share. [1] source: NDTV Profit Macquarie raised its target for Kotak Mahindra Bank to Rs 500 from Rs 455 on September 30, 2026. [3] source: Financial Express Under the Amazon Pay partnership, Business Prime members receive 5% cashback and up to 48 days of interest-free working-capital credit. [2] source: Business Standard Citi reported about Rs 10,000 crore in ECLGS-linked sanctions and noted a three-year tenure for Kotak Mahindra Bank’s home loan product. [1] source: NDTV Profit