Private sector lender Kotak Mahindra Bank on Saturday announced the promotion of Paritosh Kashyap, currently group president, to the post of executive director (ED), subject to regulatory approvals. Kashyap has been with the Kotak Group for over three decades and has been heading the wholesale banking business since 2022.He has led several key businesses, including Structured Finance, Real Estate, and Debt Capital Markets, during his long career with the Group. The bank also said that Shanti Ekambaram, Deputy Managing Director, will be retiring from her role effective October 31, 2025, upon completion of her current term. Kotak Mahindra Bank leadership rejigThe board expressed its deep appreciation of Ekambaram’s contributions to the Kotak Group, Kotak Mahindra Bank said in a statement. Ekambaram has been with the Kotak Group since 1991 and has played a pivotal role in shaping the Group’s growth and evolution of the institution over the past three decades.Commenting on the transition, Kotak Mahindra Bank MD and CEO Ashok Vaswani said, “Shanti has been a cornerstone of Kotak’s journey. Her leadership has been marked by entrepreneurial thinking, deep customer insight, bold actions and an unwavering commitment to excellence.”Kotak Mahindra Bank Q4 ResultsKotak Mahindra Bank announced its January to March quarter results on Saturday, May 3. The institutional lender recorded a 14 per cent fall in its net profits to ₹3,552 crore due to the increase in provision for bad loans in the quarter ended March 31, 2025, compared to ₹4,133 crore in the same period a year ago.Kotak’s interest income for the January to March quarter rose 10 per cent to ₹13,529.77 crore, compared year-on-year (YoY) with ₹12,307.06 crore in the same period a year ago. The private bank’s provision for bad loans witnessed a 245 per cent increase to ₹909 crore in the fourth quarter, compared to ₹264 crore in the same period a year ago.Kotak Mahindra Bank’s gross non-performing assets (NPAs) increased three basis points to 1.42 per cent, compared to 1.39 per cent in the same period a year ago. However, the net NPAs for the fourth quarter dropped to 0.31 per cent, compared to its previous level of 0.34 per cent in the same period a year ago, marking a three basis point decline. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
Kotak Mahindra Bank has promoted Paritosh Kashyap to the position of executive director, while Shanti Ekambaram is set to retire on October 31.
