Kotak Mahindra Bank has released comprehensive details regarding its outstanding listed Non-Convertible Debt Securities. The disclosure provides a detailed breakdown of listing information, historical credit ratings, and a clear schedule for upcoming interest and redemption payments for the 2025-26 and 2026-27 financial years. The bank confirms that all required interest payments have been fulfilled, maintaining its strong financial transparency standards.
Debt Portfolio Overview
As of April 27, 2026, Kotak Mahindra Bank provides transparency regarding its listed debt instruments. The bank manages five distinct series of Non-Convertible Debt Securities, identified by ISINs INE237A08940, INE237A08957, INE237A08965, INE237A08973, and INE237A08981. These instruments represent a significant commitment to diverse capital sources, with individual issue quantities ranging from 1,500 to 189,500 units, all carrying substantial face values.
Payment Schedule and Record Dates
The bank has outlined a structured payment calendar for the current and upcoming fiscal years. For FY 2025-26, interest payments were successfully managed with specific record dates ranging from November 2025 to March 2026. Looking ahead to FY 2026-27, the bank has pre-scheduled interest and redemption obligations. Notably, the debt series INE237A08940 is slated for both interest and full principal redemption in April 2026.
Credit Rating Stability
Kotak Mahindra Bank continues to maintain an AAA/Stable credit rating across its entire suite of listed debt securities. Leading credit rating agencies, including CRISIL Limited, ICRA Ratings Limited, and India Ratings & Research, have reaffirmed this top-tier rating as recently as April 2026. This reaffirmation underscores the bank’s consistent creditworthiness and its ability to meet all financial obligations punctually.
Confirmation of Payment Integrity
In a formal commitment to its investors, the bank confirmed that all scheduled interest payments have been successfully made on time. There have been no defaults or delays in servicing any of the bank’s debt securities, reinforcing the institution’s robust financial health and reliability in the debt market.
Source: BSE
