Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank has raised Rs 1,895 crore through allotment of 1,89,500 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 1,00,000 each on private placement basis. The maturity of the said NCDs will be on June 24, 2030. 

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.