The brothers formed the legendary UK band together in the 1960s but their career was marred by their fights and bitter feuds which eventually drove them apart. The pair live on different continents with Ray, 82, remaining in his native London and Dave, 79, living in the US.
The siblings came back together to launch an art exhibition in London and Dave has confirmed the pair are back on good terms.
"There were times where I couldn't stand him. I was storming out of the studio ... (Our relationship was) built on trust, although we hated each other," he told The Times newspaper.
Dave also hasn't ruled out returning to the stage with his brother for their first performance together since 2015.
"It's miraculous, really, how we've become so bonded. We enjoy each other's company. We have fluctuated between getting on really well and not getting on at all over the years but there's always been telepathy, since childhood."
When asked if the pair could perform together again, Dave said: "I don't know, but never say never."
Ray previously revealed the pair mended their relationship online due to the distance between them.
"Well, he lives in New Jersey and I live in north London, but the internet pulls us together. The band though, it's like family. You argue a lot and you fight, but you love each other really. It was always us against the world."
He added: "As for recording again, as for performing again? We'll never be the Kinks we were, but we never really break up."
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