S&P upgrades Kotak Mahindra Bank to ‘BBB’ after RBI lifts curbs
Representational image of Kotak Mahindra Bank branch in New Delhi | Photo Credit: Reuters S&P Global upgraded Kotak Mahindra Bank’s credit rating to ‘BBB’ from ‘BBB-’ on Friday (February 21, 2025) after the Reserve Bank of India (RBI) recently lifted operational curbs. “We believe Kotak Mahindra Bank is well positioned for growth over the next…