FY 2024-25

In FY 2024-25 Kotak Mahindra Bank spent ₹241.2 crore on CSR against a 2% obligation of ₹285.53 crore, and set aside ₹44.54 crore for ongoing projects.

Period: Apr 2024 - Mar 2025.

• Obligation (2% rule): ₹285.53 crore
• Spent in the year: ₹241.2 crore (projects ₹236.44 crore, admin overheads ₹3.55 crore, impact assessment ₹1.21 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹44.54 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Excess from earlier years set off against this year's obligation: ₹1.99 crore
• Environment spend: ₹36.8 crore

Spending by area

Area	Amount
Education and livelihood	₹136.1 crore
Healthcare	₹89.3 crore
Environment and sustainable development	₹36.8 crore
Sports	₹16 crore
Relief and rehabilitation	₹2.8 crore

Main programmes

• Kotak Education Foundation: 800 schools across Maharashtra, Goa, Andhra Pradesh and Gujarat; 2 lakh students and 4,500 youth; contribution Rs 63.74 cr
• Learning outcomes programmes in 2,600+ schools; 18,000+ teachers trained; 180+ government schools and anganwadis renovated
• Scholarships: 7,600+ students (Kotak Junior, Graduate, Kanya, Shiksha Nidhi)
• Healthcare: 8.5 lakh+ footfall at health camps, ~40 mobile medical units/telemedicine centres; 60+ hospitals given MRI/CT/PET-CT/dialysis equipment and ambulances; 11,000+ cancer patients supported
• Water: 16 lakh+ KL water harvesting capacity created, 11,000+ farmers and households in water-stressed regions, 9,500+ acres positively impacted
• Sustainable agriculture: 7,900+ marginal farmers trained; livestock programmes covering 27,000+ cattle
• Skill development: 11,000+ youth trained (~70% placed); 1,400+ nano-entrepreneurs supported
• Flagship: Kotak School of Sustainability (IIT Kanpur) 15 research projects; Kotak IIT Madras Save Energy Mission 10 IITs, 250+ SMEs; Kotak BizLabs accelerator launched; Kotak Pullela Gopichand Badminton Academy 30+ athletes, 80+ medals

Trees and greening

• 1.5 lakh+ saplings planted in FY25 (afforestation on barren lands as micro-habitats); 3 lakh+ saplings over 30 acres in seven cities over three years
• Restoration of 11 additional waterbodies started in FY25; 13 lakes (~400 acres) restored since FY23

States: Maharashtra, Goa, Andhra Pradesh, Gujarat, Telangana, Uttar Pradesh.

Implementing agencies: Kotak Education Foundation, Khan Academy, IIMPACT, Parivaar Education Society, CanKids...KidsCan, Smile Foundation, Tata Memorial Centre, Watershed Organisation Trust, Professional Assistance for Development Action, Green Yatra Trust, Environmentalist Foundation of India, IIT Kanpur, IIT Madras, IISc Bengaluru, Pullela Gopichand Badminton Foundation.

Source: S2 Integrated Annual Report 2024-25 (Supporting Communities pp.112-119, Directors' Report CSR section, CSR annexure), pages printed 112-119; PDF pp.305, 316-323