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Established in 1985

Kotak Mahindra Bank was established in 1985 as Kotak Mahindra Finance Ltd, becoming India's first non-banking finance company to convert to a bank in 2003 when it received approval from the Reserve Bank of India. Today, Kotak Mahindra Bank has over 245 branches across India serving over 800,000 customers as one of India's fastest growing and most admired financial institutions. It offers a range of financial products and services for individuals, NRIs, and businesses including banking, investments, insurance, and gold.

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Sheena Agarwal
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17 views

Established in 1985

Kotak Mahindra Bank was established in 1985 as Kotak Mahindra Finance Ltd, becoming India's first non-banking finance company to convert to a bank in 2003 when it received approval from the Reserve Bank of India. Today, Kotak Mahindra Bank has over 245 branches across India serving over 800,000 customers as one of India's fastest growing and most admired financial institutions. It offers a range of financial products and services for individuals, NRIs, and businesses including banking, investments, insurance, and gold.

Uploaded by

Sheena Agarwal
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Established in 1985, the Kotak Mahindra group has been one of

India's most reputed financial conglomerates. In February 2003, Kotak


Mahindra Finance Ltd, the group's flagship company was given the
license to carry on banking business by the Reserve Bank of India
(RBI). This approval created banking history since Kotak Mahindra
Finance Ltd. is the first non-banking finance company in India to
convert itself in to a bank as Kotak Mahindra Bank Ltd. Today, we are
one of the fastest growing bank and among the most admired financial
institutions in India.
Our Reach
Kotak Mahindra Bank has over 245 branches and a customer base of
over 8 lakhs. Spread all over India, not just in the metros but in Tier II
cities and rural India as well, we are redefining the reach and power of
banking.

Our Offerings
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We cater to the myriad needs of Resident Individuals, NRIs and
Businesses.
We offer complete financial solutions for infinite needs of all individual
& non-individual customers depending on the customer's need -
delivered through a state of the art technology platform. Investment
products like Mutual Funds, Life Insurance, retailing of gold coins and
bars etc are also offered. The Bank follows a mix of both open and
closed architecture for distribution of the investment products. All this
is backed by strong, in-house research on Mutual Funds.

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