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Kotak Mahindra Bank secures BBB rating from S&P Global for USD 650 million Senior Notes

(20-Aug-26   19:08)

Kotak Mahindra Bank Ltd. announced that S&P Global Ratings has assigned a rating of BBB to the USD 650 million 5.478% Senior Notes to be issued/allotted under the USD 1 billion Euro Medium Term Note Programme, with the rating rationale and opinion published on the S&P Global Ratings website; no enhancements, assignments, or withdrawals were noted regarding other instruments, including the USD 650 million 5.478% Senior Notes and the USD 1 billion Euro Medium Term Note Programme.