Kotak Mahindra Bank declares record date for final dividend, Q1 results date. Details here
Kotak Mahindra Bank has announced the date for its Annual General Meeting, financial results for the quarter ended June 30, 2025, and the record date for its final dividend of FY25.
The meeting of the Board of Directors of Kotak Mahindra Bank will be held on Saturday, July 26, 2025, to consider, approve and take on record the Standalone and Consolidated Unaudited Financial Results of the Bank for the quarter ended June 30, 2025.
The private sector lender also announced that the 'Fortieth Annual General Meeting' of its members will be held on Saturday, August 2, 2025 at 10:00 a.m. (IST) through Video Conferencing (VC).
Kotak Mahindra Bank has fixed Friday, July 18, 2025 as the 'Record Date', for the purpose of determining the shareholders of the bank eligible to receive the Final Dividend for the Financial Year ended March 31, 2025, as has been recommended by the Board of Directors of the Bank.
The dividend, if declared at the AGM, will be paid to the concerned members on or before Friday, August 8, 2025.
Thus, Kotak Mahindra Bank dividend record date is July 18, and the dividend payment date is August 8.
The private lender posted a 14% YoY and 4.2% QoQ growth in lending to ₹ 4.45 lakh crore. The bank's loan book at the end of the March quarter stood at 4.27 lakh crore, and the same was at ₹ 3.90 lakh crore in Q1FY25.
It also reported a healthy 14.6% growth in deposits to ₹ 5.13 lakh crore. On a sequential basis, deposits were up 2.8% from ₹ 4.47 lakh crore at the end of the March quarter. Average total deposits came in at ₹ 4.92 lakh crore, rising nearly 13% YoY and 5% sequentially.
The average CASA stood at ₹ 1.92 lakh crore, reflecting a year-on-year (YoY) growth of 4.2% and a quarter-on-quarter (QoQ) increase of 2.1%.
Kotak Mahindra Bank share price has gained 7% in one month, and 8% in three months. On a year-to-date (YTD) basis, Kotak Mahindra Bank shares have rallied 24% and it has gained 20% in one year. Kotak Mahindra Bank share price has jumped 65% in five years.
At 2:35 PM, Kotak Mahindra Bank share price was trading 3.40% higher at ₹ 2,220.00 apiece on the BSE.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
10 hours ago
- News18
Tech Mahindra arm Pininfarina raises stake in Signature to 84 pc
New Delhi, Aug 15 (PTI) Pininfarina, a step-down subsidiary of Tech Mahindra, has raised its stake in Signature, an associate company, to 84 per cent from 24 per cent for 1,34,375 euros, according to a statutory filing by the IT services company on Friday. With this transaction, Signature has become a subsidiary of Pininfarina and a step-down subsidiary of the company, Tech Mahindra said in a BSE filing. '…Pininfarina S.p.A., a step-down subsidiary of the company, has on 14th August 2025…informed that it has pursuant to an agreement acquired and subscribed to additional stake in Signature S.r.l, an associate company of Pininfarina, thereby increasing its shareholding in Signature from 24 per cent to 84 per cent of its equity share capital," it added. Signature was incorporated in 2018 as a joint venture with Napkin Forever, and its turnover stood at 2.9 million euros as of December 31, 2024. Signature operates from Italy. 'Pininfarina is an associate company of the Promoter. The Promoter company does not hold any interest in this transaction, except to the extent of their shareholding in Pininfarina," the filing said. The move is a related party transaction on an arm's length basis. Signature mainly operates in the stationery business. The acquisition of Signature is aimed at strengthening the presence of Pininfarina in the consumer channel, while further enhancing the Pininfarina brand. The filing pegged the transaction size at 134,375 euros (on cash consideration), of which 1,875 euros is toward subscription of additional shares in Signature and 1,32,500 euros for acquisition of the additional shares from existing shareholders of Signature. PTI MBI BAL BAL view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hindustan Times
10 hours ago
- Hindustan Times
Resisting the coercive new global trade order
How should India respond to the challenges posed by the US tariffs of 50%? Some believe that this crisis presents an opportunity for India to implement deeper economic reforms aimed at enhancing the overall competitiveness of its economy. Others argue that India should intensify its efforts to integrate with non-American economies, such as the EU. Trump has inaugurated a new chapter in the global imperial project, which his successor may continue. Efforts are underway to establish new rules for international trade. (Bloomberg) While these measures are undoubtedly necessary, many Indian analysts overlook a larger issue — the new ideological contestation on the global stage aimed at reshaping international law norms governing world trade. Many believe that US President Donald Trump has upended the rule-based international trading order established by the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO). However, there is a prevailing belief that this disruption is temporary. Once Trump leaves office, the status quo would be restored. This view, however, is overly sanguine. There appears to be a bipartisan consensus among both Republicans and Democrats in the US regarding the substance of Trump's actions, even though they may differ in their approach. The Biden administration did little to revive the moribund WTO during its term from 2020 to 2024. Trump has inaugurated a new chapter in the global imperial project, which his successor may continue. Efforts are underway to establish new rules for international trade. This was made clear by ambassador Jamieson Greer, the US Trade Representative. Greer posits that the US has initiated a new 'Trump round' of trade negotiations that, unlike previous rounds at the GATT and WTO, will not rely on consensus-based decision-making. The key elements of this new global trade order include legitimising American coercion for deeper market access, establishing stronger links between trade and non-trade issues like labour, and, most importantly, implementing unilateral enforcement by the US, as opposed to the apolitical dispute settlement system employed by the WTO. If these rules of coercive capitalism become codified as a new international trade order, it could be disastrous for countries in the Global South, including India. Therefore, it is essential to engage in an ideological battle on the global stage against the radical American populist right. It is crucial to understand the intriguing relationship between imperialism and international law. The mainstream belief has been that there is a clear distinction between the imperial past and modern international law. The former is often viewed as a historical anomaly, while the latter is promoted as universal and liberal, representing a narrative of decolonisation and development. However, critical international lawyers argue that international law never severed its ties with its imperial and colonial history. Genealogy, they argue, plays a crucial role in shaping international law norms. Therefore, the expansion of capitalism has played a pivotal role in the growth of international law. As India's foremost international lawyer, B S Chimni, argues, akin to the 'spirit of capitalism' — capitalism's ability to reinvent itself in different phases — there is also a 'spirit of international law'. This spirit allows international law to evolve continually, ably disguising imperial ambitions within the narrative of progress. On one hand, international law presents itself as a universal tool that promotes the global common good and aims to establish a just world order. On the other hand, it also reinforces the imperial agendas of the Global North. The evolution of the multilateral trade order from the establishment of GATT in 1948 to the formation of the WTO in 1995 and beyond reflects the 'spirit of international law.' This rule-based international trade system, influenced by the assertiveness of the decolonised world, made several concessions to developing countries by recognising principles such as non-discrimination, special and differential treatment, preferential market access, and a depoliticized dispute settlement system that aims to resolve trade disputes without resorting to coercive trade diplomacy. Simultaneously, international trade law has promoted and exported American and European norms, leading to their universal adoption. A notable example is the treatment of intellectual property rights (IPR). Economist Robert Reich argues that private property is a fundamental element of the Western capitalist model based on free markets. Over time, the rules governing the protection of private property have expanded to include new types of property, such as IPR. International trade law has played a vital role in establishing binding rules for the global enforcement of IPR through the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement within the WTO. This framework primarily benefits the corporate interests of countries in the Global North, often at the expense of those in the Global South. Another significant example is agricultural trade. The US and the EU provide substantial subsidies to their agricultural sectors. They managed to include an Agreement on Agriculture in the WTO rulebook, allowing them to continue offering significant subsidies to their farmers. Despite its weaknesses, the WTO systemoffers a platform for deeper engagement and the possibility of reform. It provides an opportunity to mainstream the development argument and hold the Global North accountable in a depoliticised international court. The consensus-based decision-making process has mostly prevented the adoption of rules inimical to the developing world. However, the emerging global trade order appears to be unabashedly imperial, abandoning any pretensions of development and equity and sacrificing the spirit of international law. It unapologetically aims to legitimise unilateralism and coercion, validating the connection between imperialism and international law that critical international lawyers draw. Consequently, the Global South, particularly India, must engage in an ideological battle to defend the existing order. For India, the stakes extend beyond mere market access or a trade deal with the US. India must be at the vanguard in defending the WTO-based international trade system, which, while not perfect, is certainly preferable to the impending new imperial trade order. Prabhash Ranjan is professor and vice-dean (research), Jindal Global Law School, OP Jindal Global University. The views expressed are personal.
Time of India
11 hours ago
- Time of India
Agentic AI rises: 86% see higher risks, only 2% meet responsible AI gold standards
Infosys Knowledge Institute (IKI),the research arm of Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today unveiled critical insights into the state of responsible AI (RAI) implementation across enterprises, particularly with the advent of agentic AI . The report, Responsible Enterprise AI in the Agentic Era, surveyed over 1,500 business executives and interviewed 40 senior decision-makers across Australia, France, Germany, UK, US, and New Zealand. The findings show that while 78% of companies see RAI as a business growth driver, only 2% have adequate RAI controls in place to safeguard against reputational risk and financial loss. The report analyzed the effects of risks from poorly implemented AI, such as privacy violations, ethical violations, bias or discrimination, regulatory non-compliance, inaccurate or harmful predictions, among others. It found that 77% of organizations reported financial loss, and 53% of organizations have suffered reputational impact from such AI related incidents. Key findings include: AI risks are widespread and can be severe 95% of C-suite and director-level executives report AI-related incidents in the past two years.39% characterize the damage experienced from such AI issues as 'severe' or 'extremely severe'.86% of executives aware of agentic AI believe it will introduce new risks and compliance issues. Responsible AI (RAI) capability is patchy and inefficient for most enterprises Only 2% of companies (termed 'RAI leaders') met the full standards set in the Infosys RAI capability benchmark — termed 'RAISE BAR' with 15% (RAI followers) meeting three-quarters of the 'RAI leader' cohort experienced 39% lower financial losses and 18% lower severity from AI do several things better to achieve these results including developing improved AI explainability, proactively evaluating and mitigating against bias, rigorously testing and validating AI initiatives and having a clear incident response plan. Executives view RAI as a growth driver 78% of senior leaders see RAI as aiding their revenue growth and 83% say that future AI regulations would boost, rather than inhibit, the number of future AI on average companies believe they are underinvesting in RAI by 30%. With the scale of enterprise AI adoption far outpacing readiness, companies must urgently shift from treating RAI as a reactive compliance obligation to embracing it proactively as a strategic advantage. To help organizations build scalable, trusted AI systems that fuel growth while mitigating risk, Infosys recommends the following actions: Learn from the leaders: Study the practices of high-maturity RAI organizations who have already faced diverse incident types and developed robust product agility with platform governance: Combine decentralized product innovation with centralized RAI guardrails and RAI guardrails into secure AI platforms: Use platform-based environments that enable AI agents to operate within preapproved data and a proactive RAI office: Create a centralized function to monitor risk, set policy, and scale governance with tools like Infosys' AI3S (Scan, Shield, Steer). Balakrishna D.R., EVP – Global Services Head, AI and Industry Verticals, Infosys said, 'Drawing from our extensive experience working with clients on their AI journeys, we have seen firsthand how delivering more value from enterprise AI use cases, would require enterprises to first establish a responsible foundation built on trust, risk mitigation, data governance, and sustainability. This also means emphasizing ethical, unbiased, safe, and transparent model development. To realize the promise of this technology in the agentic AI future, leaders should strategically focus on platform and product-centric enablement, and proactive vigilance of their data estate. Companies should not discount the important role a centralized RAI office plays as enterprise AI scales, and new regulations come into force.' Jeff Kavanaugh, Head of Infosys Knowledge Institute, Infosys, said, 'Today, enterprises are navigating a complex landscape where AI's promise of growth is accompanied by significant operational and ethical risks. Our research clearly shows that while many are recognizing the importance of Responsible AI, there's a substantial gap in practical implementation. Companies that prioritize robust, embedded RAI safeguards will not only mitigate risks and potentially reduce financial losses but also unlock new revenue streams and thrive as we transition into the transformative agentic AI era.'
