Kotak Mahindra Bank Limited: CSR spending FY 2021-22 to 2025-26
Kotak Mahindra Bank Limited spent ₹805.88 crore on CSR from FY 2021-22 to 2025-26 (standalone company, from its annual reports), shown year by year with the money set aside for ongoing projects.
FY 2021-22
In FY 2021-22 Kotak Mahindra Bank spent ₹65.94 crore on CSR against a 2% obligation of ₹161.83 crore, and set aside ₹96.06 crore for ongoing projects.
Period: Apr 2021 - Mar 2022.
- Obligation (2% rule): ₹161.83 crore
- Spent in the year: ₹65.94 crore (projects ₹62.07 crore, admin overheads ₹3.87 crore)
- Set aside for ongoing projects (Unspent CSR Account): ₹96.06 crore
- Transferred to a Schedule VII fund: not disclosed
- Excess from earlier years set off against this year's obligation: ₹0.72 crore
- Environment spend: not disclosed
Spending by area
| Area | Amount |
|---|---|
| Education and livelihood (~78%, percentage only) | not disclosed |
| Healthcare (~5%) | not disclosed |
| Relief and rehabilitation (~12%) | not disclosed |
| Environment and sustainable development (~5%) | not disclosed |
Main programmes
- Kotak Education Foundation: Digital Learning Solutions, Project Excel scholarships, Kotak Shiksha Nidhi (launched FY22 for COVID-affected students); 39,000+ beneficiaries; contribution Rs 16.41 cr
- IISc Bengaluru AI-ML Centre: ongoing project FY22 to FY25
- Women Startup Programme with IIM Bangalore (FY22 to FY24); Youth4Jobs AI jobs platform for persons with disabilities (FY22 to FY25)
- SOPAN: SHANAY Autism Resource Centre inaugurated December 2021
- Healthcare: eight equipped medical vans for seven charitable hospitals in West Bengal, Gujarat, Maharashtra, Telangana; ambulances in Indore and Surat; 36 Wockhardt Foundation mobile medical units
- CanKids...KidsCan: five Home Away from Home centres; Parivaar Education Society healthcare in tribal districts of Madhya Pradesh
- COVID-19 relief and flood relief (food and shelter) in Maharashtra, Tamil Nadu, Karnataka and Bihar
- IIT Madras Kotak Save Energy Mission (five centres planned); Nature Forever Society Nectar and Biodiversity Park, Sanjay Gandhi National Park, Borivali
Trees and greening
- Phase I of Nectar and Biodiversity Park at Sanjay Gandhi National Park, Mumbai completed; phase II started (no tree counts disclosed)
States: Maharashtra, Karnataka, West Bengal, Gujarat, Telangana, Madhya Pradesh, Tamil Nadu, Bihar.
Implementing agencies: Kotak Education Foundation, IISc Bengaluru, IIM Bangalore, Youth4Jobs, SOPAN, Pratham Education Foundation, Khan Academy India, CanKids...KidsCan, Wockhardt Foundation, Parivaar Education Society, IIT Madras, Nature Forever Society, Pullela Gopichand Badminton Foundation.
Source: S5 Integrated Annual Report 2021-22, pages printed 70-77; Directors' Report CSR section; CSR annexure item 8
Sources: Integrated Annual Report 2025-26 (Directors' Report CSR p.238, CSR annexure pp.245-253, Note 11 p.220, Community pp.34-36) – Kotak Mahindra Bank Limited; Integrated Annual Report 2024-25 (Supporting Communities pp.112-119, Directors' Report CSR section, CSR annexure) – Kotak Mahindra Bank Limited; Integrated Annual Report 2023-24 – Kotak Mahindra Bank Limited; Integrated Annual Report 2022-23 – Kotak Mahindra Bank Limited; Integrated Annual Report 2021-22 – Kotak Mahindra Bank Limited
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