Kotak Mahindra Bank

Kotak Mahindra is among the leading financial organization of India, with a range of financial services that caters to all customers' day to day requirements. Their products spans from commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking – diverse needs of individuals and corporates are catered to.

The Kotak group has a net worth of more than ` 6,799 crore with the branches, franchisees, representative offices and satellite offices spread across cities and towns in India. They also have global offices in New York, London, San Francisco, Dubai, Mauritius and Singapore. The Kotak Group offers their services to approximately 6.4 million customers.

The Kotak Mahindra Group got incepted in 1985 in the form of Kotak Capital Management Finance Limited, being promoted by Uday Kotak, Sidney A. A. Pinto and Kotak & Company. A stake in the group was taken in by industrialists Harish Mahindra and Anand Mahindra and this is the time when the company changed its name to Kotak Mahindra Finance Limited.

Highlights of the Kotak Mahindra group since inception

Market share of key players in the Indian aviation sector

1986	Kotak Mahindra Finance Limited started off with Bill Discounting
1987	Kotak Mahindra Finance Limited makes its foray into the Lease and Hire Purchase market
1990	The Auto Finance division starts
1991	The Investment Banking Division starts off. They take over FICOM, one of India's largest financial retail marketing networks
1992	Penetrates into the Funds Syndication sector
1995	The brokerage and distribution businesses of the Group gets incorporated into a separate company - Kotak Securities, whereas the investment banking arm is incorporated into a separate company - Kotak Mahindra Capital Company
1996	The Auto Finance Business of the Group is hived off into a separate company - Kotak Mahindra Prime Limited. Kotak Mahindra takes up a major stake in Ford Credit Kotak Mahindra Limited to finance Ford vehicles. They launch Matrix Information Services Limited, marking the group's entry in information distribution.
1998	Kotak Mahindra Asset Management Company is incepted and they enter into the mutual fund market.
2000	Kotak Mahindra makes a tie with Old Mutual plc. For their Life Insurance business. Kotak Securities launches the site (now www.kotaksecurities.com). Kotak Mahindra Venture Capital Fund is formed and the private equity business of the group commences.
2001	Matrix is sold to Friday Corporation and the Insurance Services is launched.
2003	Kotak Mahindra Finance Ltd. gets converted into a commercial bank.
2004	A private equity fund (India Growth Fund) is launched.
2005	Kotak Group launches a real estate fund
2006	The Group buys 25% stake held by Goldman Sachs in Kotak Mahindra Capital Company and Kotak Securities

Kotak Group Products & Services

1. Bank
2. Credit Cards
3. Life Insurance
4. Mutual Funds
5. Car Finance
6. Securities
7. Institutional Equities
8. Investment Banking
9. International Business
10. Kotak Private Equity
11. Kotak Realty Fund
12. Wealth Management

About Kotak Mahindra Bank

The flagship company of Kotak Mahindra Group, Kotak Mahindra Finance Ltd was established in 1985. The same got converted into a bank - Kotak Mahindra Bank Ltd in March 2003. Kotak Mahindra bank has presence in commercial vehicles, retail finance, corporate banking, treasury and housing finance.

Services of Kotak Mahindra Bank

Deposit Accounts

• Savings account
• Current Account
• Term Deposits

Loans

• Personal Loans
• Home Loans
• Loan Against Property

Investment Services

• Demat
• Mutual Fund
• Insurance
• Gold

Convenience Banking

• Net Banking
• Mobile Banking
• Phone Banking
• ATM Network

Contact details of Kotak Mahindra Bank
Registered Office
Kotak Mahindra Bank Limited
36-38A, Nariman Bhavan
227 Nariman Point
Mumbai - 400 021

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