Advances Group Restructuring, Acquires ₹9,588 Cr Loan Portfolio from Subsidiary
Kotak Mahindra Bank Limited · KOTAKBANK · NSE ·
The Bank has acquired a loan portfolio with an outstanding value of **₹9,587.62 crore** from its wholly-owned subsidiary, Kotak Mahindra Investments Limited (KMIL). This transaction, effective **July 1, 2026**, is part of a larger plan to simplify the group's corporate structure.…