Kotak Mahindra

Kotak Mahindra is among the leading Indian financial conglomerate. The Kotak Mahindra offers perfect financial solutions which that cover each and every aspect of human life. The services offered by the Kotak Mahindra are stock broking, life insurance, commercial banking, mutual funds, investment banking. The Kotak Mahindra provides services to corporates as well as individuals.

The Kotak Mahindra was set up as the Kotak Capital Management Finance Limited in the year 1985. In the year 1986, the Mahindra group led by Anand Mahindra and Harish Mahindra became a part of the Kotak Capital Management Finance Limited, and the name of the company was changed to Kotak Mahindra Finance Limited.

The Kotak Mahindra is at present ` 3,380 crores worth company and provide services to the accounts of nearly 2.9 million customers. The work force at the Kotak Mahindra is about 12,300 personnels and the company has representative offices, network of branches, franchisees, and satellite offices in India as well as in places such as Mauritius, London, New York, Dubai, and Singapore.

The management body of the Kotak Mahindra:

• Mr. Uday Kotak Executive Vice Chairman and Managing Director
• Mr. Shivaji Dam
• Mr. C. Jayaram
• Mr. Dipak Gupta

The various divisions of the Kotak Mahindra :

• Kotak Mahindra Bank: The Kotak Mahindra Bank caters the corporates as well as individuals with a wide variety financial requirements. The company is well equipped with customized products, experience advice, infrastructure required to provide dynamic financial solutions.
  
  
• Kotak Mahindra Old Mutual Life Insurance Ltd: Kotak Mahindra Old Mutual Life Insurance is a collaboration between the Old Mutual PLC and Kotak Mahindra Bank Ltd. The Kotak Mahindra Old Mutual Life Insurance is among the companies having the fastest growth in the insurance sector.
  
  
• Kotak Mahindra Asset Management Company Limited (KMAMC): This division is a fully owned ancillary of the Kotak Mahindra Bank and the asset manager of the Kotak Mahindra Mutual Fund. The Kotak Mahindra Asset Management Company Limited provides various investment schemes equipped with risk return factors. This division was the first to launch a government securities gilt scheme investment.
  
  
• Car Finance: Kotak Mahindra Prime Limited (KMPL) is the ancillary of Kotak Mahindra Bank Limited set up for the purpose of providing finance for vehicles. The company provides loans for the purchase of a variety of vehicles.
  
  
• Kotak Securities Ltd: This is the leader among the stock brocking companies in India. It has nearly 9% of the market share.
  
  
• Kotak Mahindra Capital Company (KMCC): This company provides the top companies, financial institutions, banks, government companies, with the access of national and global capital markets.
  
  

Awards won by the Kotak Mahindra

• Euromoney Award for being the Best Provider of Portfolio Management (Equities), 2006 and 2007
• Avaya Customer Responsiveness Awards in Financial Institution Sector , 2006
• Asiamoney Award for being the Best Broker In India, 2006
• Euromoney Award for being the Best Equities House In India, 2005
• Finance Asia Award for being the Best Broker In India, 2005