In FY 2024–2025, Kotak Mahindra Bank demonstrated its dedication to social responsibility by meeting all of its required Corporate Social Responsibility (CSR) expenditures and tackling the issue of unused funds. The bank’s most recent annual disclosures show that the standalone required CSR spending was Rs 285.5 crore. The bank reported spending Rs 285.7 crore on CSR, which included impact evaluations, project finance, and administrative expenses.

The effective CSR requirement was Rs 283.54 crore after deducting a set-off of Rs 1.99 crore from the prior fiscal year. Projects received Rs 236.44 crore of this, administrative overheads received Rs 3.55 crore, and impact evaluations received Rs 1.21 crore. Kotak Mahindra Bank reported an unspent CSR balance of Rs 44.54 crore for active programmes, even though it has complied with its legal obligations. On April 28, 2025, this sum was moved to the “Kotak Mahindra Bank Limited Unspent CSR Account FY 2024-25” in accordance with legal requirements. According to CSR regulations, the bank has guaranteed that the money will be used within the allotted time frames.

Furthermore, Rs 2.20 crore in excess CSR expenses from FY 2024–2025 will be carried forward and deducted from future CSR commitments. In FY 2024–2025, the entire Kotak Mahindra Group contributed Rs 389.3 crore to CSR. Key areas including education and livelihood (Rs 136.1 crore), healthcare (Rs 89.3 crore), environment and sustainable development (Rs 36.8 crore), relief and rehabilitation (Rs 16.0 crore), and sports development (Rs 2.8 crore) received the expenditures (not including overheads and assessments).

These investments demonstrate the bank’s ongoing commitment to sustainable development, healthcare, and education. The development of 37 community assets, including ambulances, digital classrooms, and medical equipment, was a noteworthy aspect of the bank’s CSR investment. A substantial disbursement of Rs 35.35 crore was made throughout the year for the Kotak-IISc AI-ML Centre initiative alone.