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Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance , investment banking , life insurance , and wealth management . [ 6 ]
Kotak Mutual Fund is an Indian mutual fund that is managed by Mahindra Asset Management Company (KMAMC). KMAMC started operations in December 1998 and as of 2018, had approximately 74 Lakh investors in various schemes. [6] The fund is a wholly-owned subsidiary of Kotak Mahindra Bank.
The Kotak Mahindra Group was founded in 1985 as a provider of financial services. [8] [9] In February 2003, Kotak Mahindra Finance Ltd (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank, the parent company of Kotak Life Insurance. [10]
Uday Suresh Kotak (born 15 March 1959) is an Indian billionaire banker and founder of Kotak Mahindra Bank, where he is a non-executive director. [2] He resigned from his CEO position in September 2023. [ 3 ]
Kotak Life Insurance; Kotak Mahindra Bank; Kotak Mutual Fund; Uday Kotak; V. Ashok Vaswani; Z. Zurich Kotak General Insurance This page was last edited on 3 March ...
The bank had also been ranked the "Safest Banker" by the New Indian Express and among "Top 5 Most Trusted Private Sector Banks" by the Economic Times. [7] On 20 November 2014, in an all-stock amalgamation, ING Vysya Bank decided to merge with Kotak Mahindra Bank, creating the fourth largest private sector bank in India. [8]
Zurich Kotak General Insurance Company is an Indian general insurance company headquartered in Mumbai. It offers non-life insurance products like motor , health , home and others. [ 3 ] It is 70% owned by Swiss insurance company Zurich Insurance .
Bank of Baroda: Vadodara 17.1 2.3 198.4 16.2 Banking 14 442 Kotak Mahindra Bank: Mumbai 11.4 2.2 92.0 40.5 Banking 15 472 Bharti Airtel: New Delhi 18.1 0.9 53.3 91.5 Telecommunication 16 488 Coal India: Kolkata 17.2 3.9 28.5 34.8 Metals and mining 17 525 Canara Bank: Bangalore 16.8 1.8 184.0 12.4 Banking 18 533 Power Finance Corporation: New ...