As 2025 comes to a close, Uday Kotak, the founder of Kotak Mahindra Bank, has taken to social media to reflect on the significant economic, technological, and social changes his generation has witnessed. In a post, Kotak expressed his gratitude for the opportunities his generation has had, citing the advent of television, space exploration, emails, smartphones, and exponential computing power. He also noted the absence of world wars and economic depressions, as well as the growth of financial markets.

However, Kotak also highlighted some of the potential downsides of these advancements, including the decline of in-person interactions, environmental degradation, and increased social divisions. He also noted the rise of transient and transactional relationships, as well as the dominance of “hard power” over “soft power” in international relations. Kotak expressed his hope that in the coming year, 2026, people will be able to progress with “conviction, sensitivity, and equanimity.”

The post generated a range of reactions from users, with some agreeing with Kotak’s assessment and others offering their own perspectives. One user noted that the erosion of the value of money over time has been a significant driver of economic stress, while another praised Kotak for acknowledging the existence of India before 2014, a reference to the current government’s tenure. The post has sparked a conversation about the complexities of progress and the need to balance economic growth with social and environmental considerations.

Kotak’s reflection is a timely reminder of the need to consider the broader implications of technological and economic advancements. As the world hurtles towards a more interconnected and complex future, it is essential to prioritize sensitivity, empathy, and equanimity in our pursuit of progress. By acknowledging both the benefits and drawbacks of the changes his generation has witnessed, Kotak is encouraging a more nuanced conversation about the kind of world we want to create in the years to come.

The Debts Recovery Appellate Tribunal (DRAT) in Kolkata has dismissed an appeal by Kotak Mahindra Bank Ltd., upholding the order of the Debts Recovery Tribunal (DRT) in Visakhapatnam. The DRT had annulled an e-auction sale and directed the bank to refund the auction purchaser’s deposit with interest due to the bank’s negligence in serving the auction notice. The case was filed by borrower Vudutha Rajendra Prasad against Kotak Mahindra Bank and others, challenging the validity of the e-auction sale notice.

The DRT found that the bank’s authorized officer had failed to comply with statutory requirements under the Security Interest (Enforcement) Rules, 2002, particularly the obligation to serve and publish the sale notice. As a result, the auction was set aside, and the bank was directed to refund the deposit with 9% interest per annum. Kotak Mahindra Bank appealed to the DRAT, challenging only the award of interest, arguing that the tender documents contained a clause prohibiting bidders from claiming interest.

However, the DRAT upheld the DRT’s findings, observing that the authorized officer had committed patent illegalities by failing to serve and publish the mandatory notice. The Tribunal cited the Supreme Court’s ruling in CELIR LLP v. Bafna Motors (2024), reiterating that banks and their officers are duty-bound to strictly follow statutory provisions. The DRAT rejected the bank’s reliance on the tender clause, holding that such contractual terms cannot override statutory obligations or shield the bank from liability arising from its own negligence.

The Tribunal directed that the refund with interest must be completed within 30 days, reinforcing the principle that auction purchasers are entitled to protection when banks fail to adhere to statutory procedures. The case, Kotak Mahindra Bank Ltd vs MD Developers, Madala Narendra Kumar, was decided on December 16, 2025, with Justice Anil Kumar Srivastava presiding. The judgment emphasizes the importance of banks following statutory provisions and being held accountable for their negligence. The decision also highlights the need for banks to ensure that their procedures are in line with the law to avoid such situations in the future.

Kotak Mahindra Bank has announced a scheduled maintenance activity for their banking systems, which will take place on December 21, 2025, from 3:30 am to 4:30 am IST. During this time, several services will be unavailable, including the old and new Kotak Bank App, Kotak811 Mobile Banking application, Net Banking, UPI, and other payment-related services. However, ATM transactions below Rs 20,000 will not be affected.

In light of this maintenance, customers are advised to plan their banking activities in advance to avoid any inconvenience. The bank has also provided a list of frequently asked questions (FAQs) regarding their savings accounts. According to the FAQs, a Kotak811 savings account can only be opened by a single user, and joint accounts are not allowed.

The bank offers two types of savings accounts: the Kotak811 Zero Balance Digital Savings Account and the 811 Super Savings Account. The choice of account depends on the customer’s preferences, with the Zero Balance Account suitable for those who struggle to maintain a balance, and the Super Savings Account offering cashback benefits on debit card spending.

The FAQ section also addresses questions about maintaining the required balance, upgrading accounts, eligibility, and video KYC. Customers can upgrade from a Zero Balance Account to a Super Savings Account through the mobile banking app or by contacting customer care. To be eligible for a Kotak811 Savings Account, customers must be Indian citizens above 18 years of age and submit valid KYC documents.

Additionally, the FAQ section explains how to withdraw money from a Kotak811 Savings Account, either by using a physical debit card at an ATM or by visiting a Kotak Mahindra Bank branch. The bank also clarifies that a Zero Balance Savings Account levies no annual charges or fines. Overall, the maintenance activity is aimed at providing customers with a seamless banking experience, and the FAQs provide helpful information about the bank’s savings accounts and services.

Kotak Mahindra Bank has announced that its net banking, UPI, and ATM transactions will be affected on a specific date due to a scheduled maintenance activity. The bank has informed its customers that it will be undertaking a technology upgrade to enhance its digital banking services, which will result in a temporary disruption to its online and mobile banking services.

According to the bank, the maintenance activity is scheduled to take place on a specific date, and during this time, customers will not be able to access their net banking accounts, make UPI transactions, or use the bank’s ATM services. The bank has advised its customers to plan their transactions accordingly and make necessary arrangements to avoid any inconvenience.

The maintenance activity is expected to start at midnight and will continue for several hours. During this time, customers will not be able to log in to their net banking accounts, make online transactions, or use the bank’s mobile banking app. Additionally, UPI transactions, including those made through third-party apps such as Google Pay, Paytm, and PhonePe, will also be affected.

The bank has assured its customers that the maintenance activity is necessary to upgrade its technology infrastructure and enhance the security and efficiency of its digital banking services. The bank has also apologized for any inconvenience this may cause and has advised customers to use alternative channels such as branch banking or phone banking for their transactions.

Customers are advised to check the bank’s website or mobile app for updates on the maintenance activity and to plan their transactions accordingly. The bank has also requested its customers to ensure that they have sufficient cash and other necessary arrangements in place to avoid any inconvenience during the maintenance period.

It is essential for Kotak Mahindra Bank customers to take note of the scheduled maintenance activity and plan their transactions accordingly to avoid any disruption to their banking services. The bank’s efforts to upgrade its technology infrastructure are aimed at providing better and more secure digital banking services to its customers, and the temporary disruption is expected to be a one-time inconvenience.

Kotak Mahindra Prime, a leading automotive finance company, has announced the appointment of Sandeep Rath as its new Head of Human Resources. This move is seen as a strategic step to strengthen the company’s human resources function and drive business growth.

As the Head of Human Resources, Sandeep Rath will be responsible for leading the HR function and developing strategies to attract, retain, and develop talent within the organization. He will work closely with the leadership team to align HR initiatives with the company’s overall business objectives.

Sandeep Rath brings with him over 15 years of experience in human resources, having worked with several leading organizations in the past. His expertise spans across various aspects of HR, including talent management, organizational development, and employee engagement. He is known for his ability to drive business outcomes through strategic HR interventions and has a strong track record of building high-performing teams.

The appointment of Sandeep Rath is seen as a significant move by Kotak Mahindra Prime to bolster its HR capabilities and drive business growth. The company has been expanding its operations rapidly, and the new appointment is expected to help the organization build a strong and agile workforce that can support its ambitious growth plans.

Kotak Mahindra Prime is a subsidiary of Kotak Mahindra Bank, one of India’s leading private sector banks. The company provides automotive finance solutions to customers across the country and has a strong presence in the market. With Sandeep Rath at the helm of HR, the company is expected to further strengthen its position in the market and achieve its business objectives.

The appointment is also seen as a testament to the company’s commitment to investing in its people and building a strong and talented workforce. Kotak Mahindra Prime has always been focused on attracting and retaining top talent, and the new appointment is expected to further enhance the company’s reputation as a preferred employer in the industry.

Overall, the appointment of Sandeep Rath as the Head of Human Resources at Kotak Mahindra Prime is a significant development that is expected to drive business growth and strengthen the company’s HR capabilities. With his expertise and experience, Sandeep Rath is well-positioned to make a significant impact at the organization and help it achieve its ambitious goals.

ACE, a leading construction equipment manufacturer, has partnered with Kotak Mahindra Bank to provide financing options for customers purchasing backhoe loaders. This collaboration aims to make it easier for buyers to acquire these machines, which are essential for various construction and infrastructure projects.

The partnership will enable customers to avail of flexible financing options, including loans with competitive interest rates and extended repayment tenure. This will help reduce the financial burden on customers, making it more accessible for them to purchase backhoe loaders. The financing options will be available for ACE’s entire range of backhoe loaders, which are known for their quality, reliability, and performance.

Kotak Mahindra Bank will provide financing solutions through its network of branches across the country. The bank’s expertise in financing infrastructure and construction equipment will help ACE customers navigate the financing process smoothly. The partnership is expected to increase the sales of backhoe loaders, as customers will now have easier access to financing options.

The construction equipment industry has been growing rapidly in recent years, driven by government initiatives and investments in infrastructure development. Backhoe loaders are a crucial part of this industry, as they are used for a variety of tasks, including excavation, loading, and material handling. The demand for backhoe loaders is expected to continue growing, driven by the increasing need for infrastructure development and construction activities.

The partnership between ACE and Kotak Mahindra Bank is a strategic move to capitalize on this growing demand. By providing financing options, the companies aim to make backhoe loaders more accessible to a wider range of customers, including small and medium-sized construction companies and individual contractors. This will help increase the penetration of backhoe loaders in the market, driving growth and expansion in the construction equipment industry.

Overall, the partnership between ACE and Kotak Mahindra Bank is a positive development for the construction equipment industry. It will provide customers with easier access to financing options, making it more convenient for them to purchase backhoe loaders. This, in turn, will drive growth and expansion in the industry, supporting the government’s initiatives to develop infrastructure and boost economic growth.

Kotak Mahindra Bank is shifting its focus towards expanding its mid-market corporate loan book, driven by slow growth in the large corporate sector and thin margins. The bank has established a mid-market corporate loan book of approximately ₹15,000 crore and expects a 20-25% growth in this segment over the next five years. This growth is anticipated across various sectors, including traditional ones like auto ancillaries and emerging ones such as education and shipping.

The bank’s mid-market vertical, launched in April 2023, has shown significant growth, with a compounded annual growth rate of over 35%. This segment targets corporates with a turnover of ₹500 crore to ₹1,500 crore, which falls between small and medium enterprises (SMEs) and large corporates. Many of these firms have evolved from traditional SMEs to more organized, corporate enterprises.

Kotak Mahindra Bank’s head of corporate banking, Anu Aggarwal, expects the SME and mid-market verticals to maintain a 20-25% growth rate over the next five years. The mid-market book currently accounts for 10-12% of the bank’s corporate book, but is expected to increase to at least 20% in the next three to five years, driven by growth across industries.

The bank’s wholesale banking segment, which includes corporate banking and SME, accounts for approximately 31% of its total ₹4.79 lakh crore in loans. This segment has seen a 17% year-on-year increase, led by an 18% growth in corporate banking, which includes the mid-market segment. To achieve its growth targets, the bank is also considering project finance, which was previously not a focus area. By expanding its mid-market corporate loan book and exploring new avenues like project finance, Kotak Mahindra Bank aims to drive profitable growth and diversify its lending portfolio.

Nilesh Shah, the managing director and CEO of Kotak Mahindra AMC, predicts that credit provided by the mutual fund industry will eventually surpass bank credit. He believes that the capital markets are becoming a significant source of credit, employing as many people as the banking sector, including both direct and indirect jobs. Shah emphasized the need for Indians to adopt wiser investment strategies, stating that the country’s poverty is not due to low earnings, but rather poor investment decisions.

Shah criticized the tendency of Indians to keep cash at home or invest in unproductive assets, such as banned real money gaming or cryptocurrency, which can result in significant losses. He also expressed disappointment that even mutual fund industry employees had invested in a recent ponzi scheme that went bust. Instead, Shah urged people to invest in more stable and secure options, such as mutual funds, to generate returns.

Radhika Gupta, managing director and CEO of Edelweiss Mutual Fund, echoed Shah’s sentiments, calling for incentives to encourage young people to start investing in their early 20s. She proposed a lock-in period of five to ten years to ensure that individuals stay invested and create wealth over time. This approach would help Indians develop a long-term investment mindset and avoid get-rich-quick schemes.

The comments from Shah and Gupta highlight the need for a shift in India’s investment culture. With the mutual fund industry growing rapidly, it is essential for individuals to make informed investment decisions and avoid risky or unproductive assets. By adopting a more disciplined and long-term approach to investing, Indians can generate wealth and contribute to the country’s economic growth. As the capital markets continue to evolve, it is likely that they will play an increasingly important role in providing credit and driving economic development in India.

The Debt Recovery Appellate Tribunal (DRAT) in Chennai has dismissed an appeal filed by E. Kumar, a loan guarantor, challenging an order of the Debt Recovery Tribunal (DRT) that favored Kotak Mahindra Bank. The DRAT confirmed that the bank had correctly followed the securitization procedures under the SARFAESI Act, 2002. Kumar had raised several contentions, including that the bank failed to properly inform him about the assignment of the loan and that notices were not served correctly or published in widely circulated newspapers.

However, the DRAT found that Kumar had been duly informed about the loan assignment through multiple communications and had even admitted to receiving the demand notice in his own securitization application. The counsel for the respondent/bank submitted that the SARFAESI measures had been taken by following the procedures as contemplated under the SARFAESI Act. The DRAT noted that Kumar’s grounds were taken as an “afterthought” since they were not raised at the first available opportunity.

The DRAT also clarified that while the DRT had made an observation about using widely circulated papers in the future, it had not made a specific finding that the newspapers in question were not widely circulated. Without specific circulation data, the DRAT concluded that it could not be said that the bank had failed in this regard. Consequently, the DRAT found no merit in Kumar’s arguments and confirmed the DRT’s order dismissing the securitization application.

The case, E. Kumar vs The Authorised Officer, was heard on October 16, 2025, with M/s. V. Venkatesan representing the appellant and M/s. Ramalingam Associates representing the respondent. The DRAT’s decision highlights the importance of following proper procedures under the SARFAESI Act and the need for loan guarantors to raise any objections or contentions at the first available opportunity.

The DRAT’s judgment also emphasizes the need for widely circulated newspapers to be used for publication, but notes that without specific circulation data, it cannot be determined whether the newspapers used were widely circulated or not. The decision is a significant win for Kotak Mahindra Bank and sets a precedent for similar cases in the future. Overall, the DRAT’s judgment demonstrates the importance of following proper procedures and raising objections in a timely manner in debt recovery cases.

Kotak Mahindra Bank and Federal Bank are currently in negotiations to purchase the retail and wealth management businesses of Deutsche Bank in India. This is the second attempt by the German lender to sell its retail business in India, with the previous attempt in 2017 being withdrawn. The portfolio up for sale includes personal loans, mortgages, and a wealth management business with assets under management of around Rs 25,000 crore. Deutsche Bank’s total segmental revenue from retail in India was Rs 2,455 crore in the fiscal year ended March 2025, with total assets of Rs 25,038 crore in retail banking.

The sale is part of Deutsche Bank’s global restructuring plans, initiated by CEO Christian Sewing, to make the lender more profitable. The bank aims to completely exit the retail business in India and focus on its investment banking, corporate and transaction banking, treasury and derivatives, and private wealth franchises. Foreign lenders in India, including Deutsche Bank, have struggled to compete with larger local banks due to higher costs and tight pricing.

Kotak Mahindra Bank and Federal Bank are both interested in expanding their retail businesses and see the acquisition of Deutsche Bank’s portfolio as an opportunity to gain a foothold in the wealth management space. However, the negotiations are ongoing, and the valuation of the portfolio is still being discussed. The sale process is expected to be long-drawn-out due to the need for approvals from both the regional and global headquarters of Deutsche Bank.

Deutsche Bank’s wealth management business in India includes debt investments linked to the lender’s corporate franchise and some old wealthy individual accounts, which are lucrative for local banks. The bank has 17 branches in India, and it is likely that a majority of these branches will be shut down as part of the sale. The bank’s profit in India increased 55% in the fiscal year ended March 2025, led by healthy growth in both interest and non-interest incomes. The German lender has built a franchise largely focusing on investment banking, corporate and transaction banking, treasury and derivatives, and private wealth, and has been supporting its Indian operations through repeated equity infusions.

Starting from December 2025, Kotak Mahindra Bank will introduce a new policy for transaction SMS alerts, where customers will be charged Rs 0.15 per SMS after the first 30 free alerts per month. The bank cites rising operational costs as the reason for this move. The free limit of 30 SMS alerts per month will apply to various transactions such as deposits, withdrawals, UPI transfers, and debit card payments.

To avoid these charges, customers can maintain a minimum balance in their accounts. For regular savings or salary accounts, a combined balance of Rs 10,000 or more, including monthly average balance and term deposits, will exempt customers from SMS fees. For Kotak 811 accounts, a lower threshold of Rs 5,000 applies. Additionally, customers who receive regular salary credits into their accounts will also be exempt from these charges.

In a separate development, Kotak Mahindra Bank has revised the annual and issuance fees for select debit cards, effective November 1, 2025. The fees for the Privy League Black Metal Debit Card and the Privy League LED Debit Card have been reduced from Rs 5,000 and Rs 2,500 to Rs 1,500 per annum, respectively. This move aims to make premium cards more accessible to customers while offering enhanced lifestyle and travel benefits.

The new SMS charge policy encourages customers to maintain adequate balances in their accounts and consider switching to digital notification channels such as email or in-app alerts, which will be free of charge. The bank aims to offset the communication and maintenance expenses associated with the alert infrastructure through these charges. Overall, the changes are intended to ensure that customers continue receiving timely transaction notifications while allowing the bank to manage its operational costs effectively.

Kotak Mahindra Bank has introduced a new fee structure for SMS alerts, effective immediately. The bank will charge customers Rs 0.15 for every SMS alert received after the first 30 SMS alerts per month. This move is intended to cover operational expenses, and the bank has assured customers that it remains committed to providing timely account information.

The fee will apply to various transactions, including UPI, NEFT, RTGS, and IMPS transfers, ATM withdrawals, cash transactions, cheque deposits, and use of debit or credit cards. However, customers with a balance of Rs 10,000 or more in their savings or salary account will be exempt from paying the fee for more than 30 monthly SMS alerts.

On a positive note, the bank has reduced the annual and issuance fees for some of its debit cards, effective November 1st. The annual fee for the Privy League Black Metal Debit Card has been reduced from Rs 5,000 to Rs 1,500, while the fee for the Privy League LED Debit Card has been reduced from Rs 2,500 to Rs 1,500.

The introduction of the SMS alert fee may be seen as a way for the bank to generate additional revenue and offset operational costs. However, the exemption for customers with a minimum balance of Rs 10,000 or more may help to mitigate the impact on regular customers. The reduction in debit card fees, on the other hand, is a welcome move that may help to attract and retain customers.

Overall, the changes to Kotak Mahindra Bank’s fee structure are likely to have a mixed impact on customers. While some may be affected by the new SMS alert fee, others may benefit from the reduced debit card fees. As with any change to banking fees, customers are advised to review their account terms and conditions to understand how they may be affected.

Kotak Mahindra Bank has announced that it will begin charging customers for SMS alerts related to transactions on Savings and Salary accounts starting December 2025. The bank will charge Rs 0.15 per SMS, with the first 30 alerts each month remaining free. This means that customers who exceed the free limit will be charged for each additional SMS alert. The charges will apply to notifications for various account activities, including transactions, ATM withdrawals, and debit or credit card transactions.

However, there are some exceptions to this rule. Customers who maintain a balance of Rs 10,000 (or Rs 5,000 for 811 accounts) will be exempt from the charges. Additionally, certain types of accounts, such as Private Banking Program, Solitaire Program, and 811 Super Savings Account, will not be subject to the charges.

Kotak Mahindra Bank is not the only bank to introduce such charges. Several other banks have also revised their SMS notification policies in recent months, citing operational costs and a shift towards app-based and email notifications. The bank has clarified that the fee is nominal, but it may still impact customers who rely heavily on text-based alerts.

It’s worth noting that the charges will only apply to customers who exceed the free limit of 30 SMS alerts per month. Customers who use mobile app notifications or email alerts will not be affected by the charges. The bank has also excluded certain types of accounts from the charges, including Non Resident Accounts, Salary Account for Uniformed Services, and Basic Savings Bank Deposit Account (Pradhan Mantri Jan Dhan Yojana).

The introduction of these charges may encourage customers to switch to mobile app notifications or email alerts, which are often more convenient and environmentally friendly. However, for customers who rely on SMS alerts, the charges may be a significant change. Kotak Mahindra Bank has stated that the charges will help the bank to manage its operational costs and provide better services to its customers. The charges will come into effect from December 2025, and customers are advised to check their account terms and conditions for more information.

According to a report by The Economic Times, Kotak Mahindra Bank has introduced a new charge for customers who fail to maintain a minimum balance in their accounts. The bank will now charge Rs 0.15 per SMS for notifications sent to customers who do not meet the minimum balance requirement.

This move is seen as an attempt by the bank to encourage customers to maintain a minimum balance in their accounts, thereby avoiding the additional charge. The charge is applicable to all customers who have a savings account with Kotak Mahindra Bank and fail to maintain the minimum balance specified by the bank.

The minimum balance requirement varies depending on the type of account and the location of the branch. For example, customers with a savings account in a metro branch are required to maintain a minimum balance of Rs 10,000, while those in non-metro branches need to maintain a minimum balance of Rs 5,000.

If a customer fails to maintain the minimum balance, the bank will send an SMS notification, and the customer will be charged Rs 0.15 per SMS. This charge will be debited from the customer’s account, and the customer will be notified about the charge through another SMS.

The introduction of this charge has raised concerns among customers, who feel that it is an additional burden on them. Some customers have expressed dissatisfaction with the bank’s decision, stating that it is unfair to charge them for not maintaining a minimum balance.

Kotak Mahindra Bank has defended its decision, stating that the charge is intended to encourage customers to maintain a minimum balance in their accounts. The bank has also stated that the charge is a nominal one and will not have a significant impact on customers.

It is worth noting that other banks in India also have minimum balance requirements and charge customers for not maintaining them. However, the charge per SMS is a new development and may be seen as an attempt by Kotak Mahindra Bank to differentiate itself from its competitors.

Overall, the introduction of the Rs 0.15 per SMS charge by Kotak Mahindra Bank is seen as a move to encourage customers to maintain a minimum balance in their accounts. While some customers may view this as an additional burden, the bank sees it as a way to promote responsible banking habits.

Kotak Mahindra Bank has announced that it will start charging customers for SMS notifications related to their accounts, effective from December 2025. The bank will charge Rs 0.15 per SMS, with a free limit of 30 alerts per month. This charge will apply to various transactions, including UPI/NEFT/RTGS/IMPS transfers, ATM withdrawals, cash transactions, cheque deposits, and debit and credit card usage. The charge will be applicable to both salary and savings accounts.

However, some categories of customers will be exempt from these fees, including private banking clients, non-resident account holders, and a few other specific groups. Additionally, customers who maintain a combined balance of at least Rs 10,000 across their savings or salary accounts will not be subject to the charge. The calculation will take into account the monthly average balance and any term deposits held with the bank.

The bank has clarified that customers who meet the minimum balance requirement or receive regular salary credits will not incur any charges. This means that customers who use their accounts regularly and maintain a minimum balance will not have to pay for SMS notifications. The bank has stated that this measure is intended to ensure that customers continue to enjoy its services without incurring extra costs.

It’s worth noting that the charge is relatively small, at Rs 0.15 per SMS, and the free limit of 30 alerts per month is likely to cover most customers’ needs. However, customers who exceed this limit or do not meet the minimum balance requirement will need to be mindful of the additional charge. Overall, the bank’s move is likely aimed at encouraging customers to maintain a minimum balance and use digital channels for account updates, rather than relying on SMS notifications.

In a unique move, the Goregaon East metro station in Mumbai has been renamed as Zurich Kotak Goregaon East. This renaming is a result of a partnership between the Mumbai Metro authorities and Kotak Mahindra Bank, which has acquired the naming rights for the station. The renaming ceremony was attended by officials from the Mumbai Metro One Private Limited (MMOPL) and Kotak Mahindra Bank.

As part of the agreement, Kotak Mahindra Bank will have branding rights at the station, including signage, advertisements, and other promotional materials. The bank will also be responsible for maintaining the station’s facilities and ensuring that it remains clean and well-maintained. The MMOPL, on the other hand, will continue to operate and manage the station.

The renaming of the Goregaon East metro station is seen as a significant move, as it marks the first time that a metro station in Mumbai has been renamed after a corporate sponsor. The move is expected to generate significant revenue for the MMOPL, which will be used to improve the services and infrastructure of the metro network.

The partnership between MMOPL and Kotak Mahindra Bank is also expected to enhance the overall passenger experience at the Goregaon East metro station. The bank plans to provide various amenities and services to commuters, including ATMs, cash recyclers, and other digital payment solutions. Additionally, the bank will also offer exclusive discounts and offers to metro commuters who use its services.

The renaming of the Goregaon East metro station has been welcomed by commuters, who believe that it will improve the overall experience of traveling on the metro. The move is also seen as a positive step towards generating revenue for the MMOPL, which will be used to improve the services and infrastructure of the metro network.

In a statement, a spokesperson for MMOPL said, “We are pleased to partner with Kotak Mahindra Bank to rename the Goregaon East metro station as Zurich Kotak Goregaon East. This partnership will not only generate revenue for us but also provide commuters with a better experience.” A spokesperson for Kotak Mahindra Bank added, “We are excited to partner with MMOPL to rename the Goregaon East metro station. This partnership is a part of our efforts to increase our brand visibility and provide our services to a wider audience.”

The Kotak Solitaire Credit Card is offering its customers a unique opportunity to experience the world of fine dining like never before. Through its partnership with District, a platform that curates exceptional culinary events, cardholders can enjoy exclusive access to intimate chef’s tables with Michelin-starred legends, immersive evenings with global mixology icons, and other gastronomic moments that are truly extraordinary. The inaugural events, “NAAR x Dewakan” and “The Bhog Table by Chef Auroni & Bengaluru Oota Company”, received an overwhelming response, and cardholders can look forward to more such experiences in the future.

In addition to early access to these curated events, Kotak Solitaire Credit Card customers can also enjoy a range of other privileges, including 20% savings on dining via District, priority table access at India’s most in-demand restaurants, and a Zomato Gold membership for elevated dining privileges at a nominal fee of Re 1. These benefits are designed to make dining a truly special and memorable experience for cardholders.

According to Jyoti Samajpati, Executive Vice President of Kotak Mahindra Bank, the initiative is about crafting moments that are “as rare as they are memorable” and redefining India’s fine dining culture. The partnership with District aims to make exceptional culinary collaborations more accessible to users, creating a new era where extraordinary dining is discovered through convenience.

The Kotak Solitaire Credit Card is an invitation-only proposition reserved for individuals and families with deep, multi-dimensional relationships with Kotak. Cardholders can enjoy a range of benefits, including up to ₹8 crore pre-approved credit lines, wealth management services, access to exclusive events, and more. This initiative is a testament to Kotak’s commitment to delivering experiential banking, where financial solutions are seamlessly woven into a lifestyle of global sophistication and cultural richness.

To reserve a seat for these exclusive culinary experiences, cardholders can visit the District app. With the Kotak Solitaire Credit Card, the world of fine dining is now more accessible than ever, and cardholders can look forward to a range of unforgettable experiences that will delight their senses and create lasting memories. Whether it’s a special occasion or just a night out with friends, the Kotak Solitaire Credit Card is the perfect companion for anyone who loves food, wine, and exceptional company.

Kotak Mahindra Bank has taken a significant step to enhance the benefits of its Solitaire Credit Card, introducing exclusive dining perks to elevate the overall customer experience. The Solitaire Credit Card, designed specifically for women, already offers a range of benefits, including rewards, discounts, and lifestyle privileges. With the introduction of these new dining perks, cardholders can now enjoy a more rewarding and satisfying experience when dining out.

The new dining benefits include a discount of up to 20% at partner restaurants, with over 2,500 outlets across India participating in the program. This extensive network ensures that cardholders can enjoy their favorite cuisine at a discounted rate, whether they prefer fine dining, casual eats, or traditional Indian cuisine. Additionally, cardholders can earn 10X rewards points on dining spends, allowing them to accumulate points quickly and redeem them for exciting rewards.

To further enhance the dining experience, Kotak Mahindra Bank has partnered with prominent food delivery platforms, offering discounts of up to 15% on online food orders. This partnership enables cardholders to enjoy their favorite food from the comfort of their own homes while still benefiting from exclusive discounts.

The Solitaire Credit Card also offers a range of other benefits, including a welcome gift, anniversary benefits, and access to exclusive events. Cardholders can also enjoy complimentary lounge access, concierge services, and travel insurance, making it a comprehensive and rewarding credit card experience.

The introduction of these exclusive dining perks is a strategic move by Kotak Mahindra Bank to enhance the value proposition of the Solitaire Credit Card and make it more attractive to existing and potential customers. By offering a unique combination of rewards, discounts, and lifestyle privileges, the bank aims to increase customer engagement and loyalty.

In conclusion, the Kotak Mahindra Bank Solitaire Credit Card has become an even more appealing option for customers, particularly women, with the introduction of exclusive dining perks. The card’s extensive range of benefits, including discounts, rewards, and lifestyle privileges, makes it an excellent choice for those seeking a comprehensive and rewarding credit card experience. As the bank continues to innovate and enhance its offerings, it is likely to remain a popular choice among customers seeking a premium credit card experience.

District and Kotak have collaborated to introduce exclusive luxury dining experiences, catering to the refined tastes of discerning individuals. This partnership brings together the finest elements of culinary expertise, ambiance, and exceptional service, providing a unique experience for those who appreciate the art of fine dining.

The luxury dining experiences offer a range of options, from private chef’s tables to exclusive wine pairings, all designed to delight the senses. With a focus on using only the freshest, highest-quality ingredients, the culinary team at District has crafted menus that showcase the best of modern cuisine.

Kotak, a renowned name in the luxury lifestyle sector, has brought its expertise in curating unforgettable experiences to the table. The company’s attention to detail and commitment to excellence ensure that every aspect of the dining experience, from the ambiance to the service, is tailored to meet the highest standards.

One of the key highlights of this collaboration is the exclusive access to rare and exotic ingredients, carefully sourced from around the world. This allows the chefs at District to create truly innovative and unique dishes that are sure to impress even the most seasoned gourmands.

The private chef’s tables offer an intimate and immersive experience, where guests can witness the culinary magic firsthand. The chefs will guide guests through the preparation of each dish, sharing stories and insights into the inspiration behind each creation.

The wine pairings, carefully curated by expert sommeliers, complement the culinary delights perfectly. With a focus on rare and vintage wines, the pairings are designed to enhance the flavors and aromas of each dish, creating a truly harmonious experience.

This collaboration between District and Kotak is a testament to the power of partnership and the pursuit of excellence. By combining their expertise and passion for luxury, they have created an unparalleled dining experience that is sure to leave a lasting impression on those who are fortunate enough to indulge. Whether you’re a food connoisseur, a wine enthusiast, or simply someone who appreciates the finer things in life, this exclusive luxury dining experience is an opportunity not to be missed.

The National Small Industries Corporation (NSIC) has taken a significant step to support Micro, Small, and Medium Enterprises (MSMEs) by entering into a Memorandum of Understanding (MOU) with Kotak Mahindra Bank. This agreement was signed on October 30, 2025, during the MSME Conclave held in Guwahati. The event was attended by several prominent figures, including Sushri Shobha Karandlaje, the Hon’ble Minister of State for MSME, Government of India.

The MOU was exchanged between Shri V Raghunath, Deputy General Manager (Finance) of NSIC, and Shri Ajay Mittal, Senior Executive Vice President of Kotak Mahindra Bank. The ceremony was witnessed by Dr. S. S. Acharya, Chairman and Managing Director of NSIC, among other dignitaries. This partnership aims to provide credit support to MSMEs through Kotak Mahindra Bank under the NSIC’s MSME Credit Facilitation Program.

The NSIC’s initiative is designed to facilitate access to credit for MSMEs, which are often faced with challenges in obtaining funding from traditional banking channels. By partnering with Kotak Mahindra Bank, the NSIC hopes to bridge this gap and provide MSMEs with the financial support they need to grow and expand their businesses. The MOU is expected to benefit a large number of MSMEs, particularly those in the northeastern region of India, where the MSME Conclave was held.

The presence of the Hon’ble Minister of State for MSME at the event underscores the government’s commitment to supporting the growth and development of MSMEs. The NSIC’s partnership with Kotak Mahindra Bank is a significant step towards achieving this goal, and it is expected to have a positive impact on the MSME sector in the country. With this agreement, the NSIC and Kotak Mahindra Bank are poised to make a meaningful contribution to the growth and development of MSMEs, which are a crucial part of India’s economy.

India’s digital payments landscape has undergone a significant transformation with the introduction of the Unified Payments Interface (UPI), which has made instant bank transfers free and ubiquitous. However, this success has left little room for fintech companies to profit, as regulators do not allow merchant fees that typically fund rewards and credit programs. To address this challenge, Super.money, the fintech arm of Flipkart, has partnered with Kotak Mahindra Bank to offer a bundled product that combines UPI payments, savings, and secured credit into a single account.

The partnership aims to issue around 2 million secured credit cards in the next 12 months, with approximately 60% going to first-time borrowers. Super.money expects the Kotak alliance to contribute around 10% of its revenue next year, as it works towards profitability by 2026. The company’s CEO, Prakash Sikaria, noted that the partnership will help Super.money build a viable business model atop the no-fee payment system.

Super.money has already gained significant traction, processing over 200 million transactions per month and generating around $3 million in monthly revenue. The company’s business model rests on two monetization engines: financial services and commerce. Sikaria plans to introduce a “pay-in-three” model on top of commerce, allowing customers to buy now and pay later within the Super.money ecosystem.

The partnership with Kotak Mahindra Bank provides Super.money with access to a large, regulated banking infrastructure. The companies have introduced a “3 in 1 Super Account” that combines a savings account, UPI payments, and a fixed-deposit-backed secured credit card. To open this account, users need to make a fixed deposit of at least ₹1,000 (around $11), which earns interest and offers cashback on every transaction.

Super.money plans to issue around 200,000 secured cards per month under its partnership with Kotak, with the goal of expanding to other banks in the future. The company has received around $50 million in investment from Flipkart and plans to raise additional capital to support its growth. Sikaria noted that Super.money is focusing on India’s top 10 million to 30 million users, rather than competing with mass-market payment players, and aims to build a formidable secured card franchise with a profitable P&L.

Kotak Mahindra Bank is launching the second season of its accelerator-style CSR initiative, Kotak BizLabs, which aims to support entrepreneurs solving India’s toughest challenges. The program is focused on providing a platform for ecosystem development, rather than just chasing valuations. In its first season, BizLabs brought together over 1,500 startups, accelerated 55, and provided over Rs 5 crore in funding and grants.

The second season will expand to 13 cities, partnering with ecosystem powerhouses like IIT Delhi’s FITT, IIMA Ventures, NSRCEL-IIM Bangalore, and T-Hub. The program will focus on sectors like applied AI for MSME digitization, inclusive fintech, climate technology, resource efficiency, agritech tools, and health access enablers. According to Kedarswamy Ravangave, EVP – Marketing, Kotak Mahindra Bank, the goal is to provide distribution and credibility to founders, rather than just funds.

The bank is also launching a four-part docuseries, Hausla Empowered, which captures the journeys of entrepreneurs solving India’s toughest challenges. The series will stream on Amazon MX Player, which has 1.6 billion downloads and reaches Tier II and Tier III audiences. Ravangave believes that this partnership will help democratize startup access and inspire entrepreneurs in smaller cities.

Kotak Mahindra Bank’s approach to CSR is refreshingly contrarian, focusing on letting real stories shine rather than relying on celebrity endorsements. The bank believes that its brand purpose is about letting the action of the brand speak louder than campaigns. The goal of BizLabs is to create a cultural movement, not just a program, and to support founders who are audacious enough to build something new without waiting for permission.

The initiative is part of a larger shift in India, where entrepreneurship has become the new cultural currency. Ravangave believes that India is redefining who it is, and that people are no longer looking for permission, but for access. The goal of BizLabs is to nurture this shift and provide support to founders who are solving real problems. Ultimately, the program aims to create a ripple effect, inspiring a cluster of entrepreneurs in smaller cities and creating a cultural movement that goes beyond just a CSR initiative.

United Way Bengaluru (UWBe) has launched an initiative to refurbish 30 Anganwadi centres in the Dharwad and Gadag districts of Karnataka. The project, dubbed the ‘Model Anganwadi Project’, is being undertaken with the support of Kotak Mahindra Bank’s Corporate Social Responsibility (CSR) programme and in collaboration with the Government of Karnataka. The primary objective of this initiative is to promote holistic early childhood development for children between the ages of 0-6 years.

The refurbishment of these Anganwadi centres aims to create child-friendly spaces that are equipped with safe learning materials, improved sanitation facilities, and access to nutritious food. This will not only benefit the children but also pregnant and lactating mothers. The project covers 30 villages across the two districts, and it is estimated that approximately 30,000 people will benefit from this initiative.

Anganwadi centres play a crucial role in providing essential services such as healthcare, nutrition, and education to young children and their mothers. However, many of these centres often lack the necessary infrastructure and resources to provide quality services. The Model Anganwadi Project seeks to address this gap by creating model centres that can serve as benchmarks for other Anganwadi centres in the region.

The collaboration between United Way Bengaluru, Kotak Mahindra Bank, and the Government of Karnataka demonstrates a commitment to improving the lives of vulnerable populations, particularly young children and their mothers. By providing access to safe, nutritious, and educational environments, this project has the potential to make a significant impact on the health, wellbeing, and future prospects of the children and communities involved.

The project’s focus on early childhood development is also significant, as this period is critical for a child’s cognitive, social, and emotional growth. By investing in the development of young children, the project aims to break the cycle of poverty and inequality, and provide a foundation for future success. Overall, the Model Anganwadi Project is a valuable initiative that has the potential to make a lasting impact on the lives of thousands of people in Karnataka.