Kotak Mahindra Bank Ltd. history, profile and corporate video
Kotak Mahindra Bank Ltd. is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. It was founded in February 2003, when Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank – Kotak Mahindra Bank Ltd.
The company operates through the following business segments: Personal, Business, Corporate, and Wealth.
Personal
The Personal segment provides accounts, deposits, cards, loans, insurance, and investments.
Business
The Business segment involves accounts, loans, trade services, payments, and working capital.
Corporate
The Corporate segment provides foreign exchange, payments, long-term finance, working capital finance, acquisition financing, and others.
Wealth
The Wealth segment involves wealth products & services.
With more than 60 000 employees, Kotak Mahindra Bank Limited is considered one of the country’s most trusted financial institutions. According to Forbes, it is considered one of the World’s Best Banks and one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.kotak.com/en”.
**Video published on YouTube by “Kotak Mahindra Bank“.
