Kotak Mahindra Bank Limited

NSE : KOTAKBANK  BSE : 500247  ISIN CODE : INE237A01028  Industry : Bank – Private  House : Kotak

 

 

Related News:

LIC to up stake in Kotak Mahindra Bank to nearly 10%

Kotak Special Situations Fund invests RS 1,000 crore in TVS Supply Chain Solutions to back promoters

Kotak Mahindra Group acquires vehicle financing portfolio of Volkswagen Finance

 

Company Overview:

Kotak Mahindra Bank Limited, provides banking and financial services to corporate and individual customers in India. It operates through Treasury, BMU, and Corporate Centre; Retail Banking; Corporate/Wholesale Banking; Vehicle Financing; Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; and Insurance segments. The Treasury, BMU and Corporate Centre segment engages in dealing in debt, equity, money and forex market, derivatives, and investments; and the primary dealership of government securities and balance sheet management unit (BMU) responsible for asset liability management. The Retail Banking segment offers commercial vehicle finance, personal, home, and other loans/services, and agriculture finance services. This segment also provides savings, current, and term deposit accounts; branch banking network and services, including distribution of financial products; and credit cards. The Corporate/Wholesale Banking segment offers wholesale borrowings and lending, and other related services to the corporate sector. Its Vehicle Financing segment provides retail vehicle and wholesale trade finance to auto dealers. The Other Lending Activities segment offers financing against securities, securitization, and other loans/services. Its Broking segment provides brokerage income on market transactions and delayed payments interest; and distributes financial products. The Advisory and Transactional Services segment offers mergers and acquisition advice, and equity/debt issue management services. Its Asset Management segment engages in the management of funds and investments on behalf of clients and funds. The Insurance segment provides life insurance and general insurance products. As of March 31, 2021, it had a network of 1,604 branches and 2,598 ATMs; and branches in GIFT City and DIFC, Dubai. Kotak Mahindra Bank Limited was incorporated in 1985 and is based in Mumbai, India.
Industry: BanksRegional
Sector: Financial Services
Phone: 91 22 6166 0001

Management:

Chairman Prakash Apte
Managing Director Uday Kotak
Company Secretary Avan Doomasia
Non Executive Director C Jayaram
Joint Managing Director Dipak Gupta
Non Executive Independent Director Farida Khambata
Uday Chander Khanna
Uday Shankar
Ashok Gulati
Whole Time Director KVS Manian
Gaurang Shah