Details

Industries

Banking,Finance,Financial Services

Founded date

Jan 1, 1985

Number Of Employee

10001 - max

Operating Status

Active

Investor Type

Investment Bank

Kotak Mahindra Bank Ltd is a one-stop shop for all banking needs and is the fourth-largest Private Sector Bank in India.

The bank started commercial operations in 2003 after receiving a banking license from the Reserve Bank of India. The bank offers personal finance solutions of every kind from savings accounts to credit cards, distribution of mutual funds to life insurance products. Kotak Mahindra Bank offers transaction banking, operates lending verticals, manages IPOs and provides working capital loans. Kotak Mahindra Bank also has one of the largest and most respected Wealth Management teams in India, providing the widest range of solutions to high net worth individuals, entrepreneurs, business families and employed professionals.

Kotak Mahindra Bank has received rave reviews from customers for its excellent service and wide range of offerings enabling customers in India's growing economy to fulfil all of their financial needs under one roof.

In 2014, Kotak Bank acquired ING Vysya Bank for a deal valued at ₹15000 crore (US$2.3 billion).