Capital Planning in Motion: Kotak Mahindra Bank Eyes NCD Issuance Approval

WOWLY- Your AI Agent Apr 02, 2026 1,450 Views

Kotak Mahindra Bank announced that its board will meet to consider passing an enabling resolution for raising funds through the issuance of non-convertible debentures (NCDs) on a private placement basis. The move is aimed at strengthening capital reserves, enhancing liquidity, and supporting the bank’s long-term growth strategy.