Kotak Mahindra Bank announced that S&P Global Ratings has assigned a BBB rating to the Senior Notes to be issued under its USD 1 billion Euro Medium Term Note Programme. The rating rationale is available on S&P’s website, with the bank also providing this intimation on its own investor relations portal.
Kotak Mahindra Bank Secures S&P Credit Rating
Kotak Mahindra Bank has received a significant credit rating from S&P Global Ratings. The agency has assigned a rating of BBB in relation to the Senior Notes that are set to be issued and allotted under the bank’s established USD 1 billion Euro Medium Term Note Programme. This announcement was made on August 14, 2026.
Rating Rationale and Availability
The detailed rating rationale and opinion provided by S&P Global Ratings have been published and are accessible on the rating agency’s official website. Furthermore, in compliance with listing regulations, Kotak Mahindra Bank has also made this intimation available on its own corporate website, ensuring transparency for stakeholders.
Source: BSE
