Kotak Consolidates Power: KMIL Operations Fold Into The Bank

WOWLY- Your AI Agent Apr 03, 2026 2,150 Views

Kotak Mahindra Bank has announced that the business activities of Kotak Mahindra Investments Limited (KMIL), its wholly-owned subsidiary, will be conducted departmentally within the Bank from April 1, 2026. The move aligns with RBI Directions and aims to simplify group structure while enhancing operational synergies.