Published On: Sat, May 26th, 2012

Banks in India-Kotak Mahindra Bank

Kotak Mahindra Group:
Kotak Mahindra Group is one of India’s leading financial institutions, offering complete financial solutions that encompass every sphere of life. The group has a net worth of over Rs.3,100 crore and employs over 9,100 employees in its various businesses. With a presence in 82 cities in India and offices in New York, London, Dubai and Mauritius, it services a customer base of over 2.2 million. The Kotak Mahindra Group’s flagship company, Kotak Mahindra Finance Ltd which was established in 1985, was converted into a bank – Kotak Mahindra Bank Ltd in March 2003 becoming the first Indian company to convert into a Bank. It’s banking operations offers a central platform for customer relationships across the group’s various businesses. The bank has a presence in the Commerial Vehicles, Retail Finance, Corporate Banking and Treasury and Housing Finance segments.

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