Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank has raised Rs 1500 crore through allotment of 15,000 Senior, Rated, Listed, Unsecured, Redeemable, Long Term Fully Paid Up Non-Convertible Bonds in the nature of Debentures (NCDs), of the face value of Rs 10,00,000 each on private placement basis. Date of maturity of said Non-Convertible Bonds will be on December 1, 2029.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.