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A personal identification number (PIN; sometimes redundantly a PIN code or PIN number) is a numeric (sometimes alpha-numeric) passcode used in the process of authenticating a user accessing a system. The PIN has been the key to facilitating the private data exchange between different data-processing centers in computer networks for financial ...
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]
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] On 1 April 2015, the Reserve Bank of India approved the merger. On 15 May 2016 the whole merger process was completed. [9]
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]
BKC houses a number of commercial buildings including Jammu & Kashmir Bank, National Business Centre, National Stock Exchange, SEBI, SIDBI, ONGC, Punjab National Bank, Twitter India, NABARD Head Office, Nita Mukesh Ambani Cultural Centre, ICICI Bank, Citibank, Dena Bank, Bank of Baroda, State Bank of India, Bank of India, Kotak Mahindra Bank, Bharat Diamond Bourse, Unit Trust of India ...
In 2015, eleven companies received In-principle approval from the Reserve Bank of India to set up Payments Bank under the guidelines for Licensing of Payments Bank. [6]On 11 April 2016, Airtel Payments Bank became the first company to receive the Payments Bank license from the Reserve Bank of India under Section 22 (1) of the Banking Regulation Act, 1949.
The PIN system was introduced on 15 August 1972 by Shriram Bhikaji Velankar, an additional secretary in the Government of India's Ministry of Communications. [1] [2] [3] The system was introduced to simplify the manual sorting and delivery of mail by eliminating confusion over incorrect addresses, similar place names, and different languages used by the public.
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 .