Kotak Mahindra Bank Share Price Target 2024-2030 Fundamentals & Quarterly Results

Kotak Mahindra Bank Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – Kotak Mahindra Bank is an across-the-board financial services entity, offering various banking and financial services ranging from Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance.

Latest Update – Kotak Mahindra Bank’s Q1 FY2024 standalone net profit soared by 81% to Rs6,250 crore, beating the Street estimates of Rs3,682 crore. Standalone net interest income for Kotak increased 10% YoY to Rs 6842 crore.

Kotak Mahindra Bank Overview

Having begun as a non-banking finance firm, Kotak Mahindra Bank Ltd has successfully established itself and evolved with the times in the Indian banking sector.

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Kotak Mahindra Bank Business Profile

Kotak Mahindra Bank Ltd (Kotak) provides services such as consumer banking, commercial banking, corporate banking, and wealth management. Accounts, deposits, cards, loans, insurance, investment, payment, transfer, NRI Banking, and privy banking services are part of consumer banking. Conversely, working capital, trade service, and variety of other value added services except banking are components of commercial banking.

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Corporate banking offers finance, payment, and collection services, transaction management, FOREX management. Wealth management contains smart solutions, research and insights, investment management, wealth structuring, and banking solutions.

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The bank serves retail, commercial, SME, NRI corporate, and wealthy clients in India, and through representative offices in the US, the UK, the UAE, Singapore, and Mauritius.

Branch Network

Currently, there are ~1,700 branches & ~2,700 ATMs run by the bank in India. In metro cities branch locations account for 45% of these while the remaining 55% extends to urban, semi-urban and rural locations. Together, Northern, Eastern as well as Western regions collectively make up just about thirty percent of all its branches but surprisingly this figure drops down to an estimated eight percent if one considers only the East. Their inaugural foreign branch started operations back in 2019 and it is located in Dubai.

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Presence

In wholesale and commercial banking, sustainable presence has been realized by the bank. It provides a variety of products including consumer banking and other financial services across these categories that encompass the entire banking industry.

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Kotak Mahindra Prime Ltd- The primary engagement is to finance automobiles including passenger cars of retail customers, Multi-Utility Vehicles (MUVs), and term funding car dealers.

Kotak Mahindra Investments Ltd– The company is mainly involved in the finance of property development real estate, corporate credits, credit against securities and other activities including holding long-term strategic investments.

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Kotak Securities Ltd – There is a security brokering business that offers equities and derivatives cash services, commodity derivatives, currency derivatives, depositories, and distribution services for the primary market.

Kotak Mahindra Capital Company Ltd – In India, it is one of the best Investment Banks which is why it is in full service because it has all services, advises about finance well and finances a lot.

KM Life Insurance Company Ltd – The company does sell life insurance, annuities, plus a range of employee benefit products to both groups as well as individuals.

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KM General Insurance Company Ltd – It deals with Life Insurance, annuity, and the provision of employee benefit products to individual and group customers.

KM Asset Management Company Ltd –It manages assets for Kotak Mahindra Mutual Fund.

Kotak Investment Advisors Limited – The company is an alternative investment manager engages in managing and advising funds in Private Equity, Real Estate, Infrastructure, Listed Strategies, Special Situations, and Credit, as well as Investment Advisory.

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 BSS Microfinance Ltd – This botanist works by trading information and permits Microfinance Loans to women from the countryside or semi-urban areas. Therefore, it has 239 branches distributed across different parts of India such as Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, and Bihar. The money sourced by BSS on behalf of the Bank does qualify as credit given to the priority sector in the bank.

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Kotak Mahindra Bank Fundamentals & Quarterly Results

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Kotak Mahindra Bank Quarterly Results

CAGR Report

Kotak Mahindra Bank Shareholding Pattern

Kotak Mahindra Bank Share Price Target 2024-2030 Forecast

Kotak Mahindra Bank Share Price Target 2025

Kotak Mahindra Bank Share Price Target 2026

Kotak Mahindra Bank Share Price Target 2027

Kotak Mahindra Bank Share Price Target 2028

Kotak Mahindra Bank Share Price Target 2029

Kotak Mahindra Bank Share Price Target 2030

Official Website – kotak.com