Kotak Mahindra Bank: Difference between revisions

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| name = Kotak Mahindra Bank
| name = Kotak Mahindra Bank
| logo = Kotak Mahindra Group logo.svg
| logo = Kotak Mahindra Group logo.svg
| logo_size =
| type = [[Public company|Public]]
| logo_caption = ''Lets Make Money Simple''
| type = [[Public]]
| traded_as = {{ubl|{{BSE|500247}}|{{NSE|KOTAKBANK}}|[[BSE SENSEX|BSE SENSEX Constituent]]|[[NIFTY 50|NSE NIFTY 50 Constituent]]}}
| traded_as = {{ubl|{{BSE|500247}}|{{NSE|KOTAKBANK}}|[[BSE SENSEX|BSE SENSEX Constituent]]|[[NIFTY 50|NSE NIFTY 50 Constituent]]}}
| ISIN = INE237A01028
| ISIN = INE237A01028
Line 13: Line 11:
| products = [[Banking]], [[commodities]], [[credit card]]s, [[equities trading]], [[insurance]], [[investment management]], [[mortgage loan]]s, [[mutual funds]], [[private equity]], [[risk management]], [[wealth management]], [[asset management]]
| products = [[Banking]], [[commodities]], [[credit card]]s, [[equities trading]], [[insurance]], [[investment management]], [[mortgage loan]]s, [[mutual funds]], [[private equity]], [[risk management]], [[wealth management]], [[asset management]]
| founders = [[Uday Kotak]]
| founders = [[Uday Kotak]]
| key_people = {{ubl|[[Prakash Apte]]|{{small|(Chairman)}}|[[Uday Kotak]]|{{small|(MD & CEO)}}}}
| key_people = [[Uday Kotak]] {{small|(Chairman, MD & CEO)}}
| revenue = {{Increase}} {{INRConvert|56703|c}}<ref name=is>{{Cite web|title=Kotak Mahindra Bank Consolidated Profit & Loss account, Kotak Mahindra Bank Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/kotakmahindrabank/consolidated-profit-lossVI/KMB|access-date=31 August 2020|website=moneycontrol.com|language=en}}</ref>
| revenue = {{Increase}} {{INRConvert|56703|c}}<ref name=is>{{Cite web|title=Kotak Mahindra Bank Consolidated Profit & Loss account, Kotak Mahindra Bank Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/kotakmahindrabank/consolidated-profit-lossVI/KMB|access-date=31 August 2020|website=moneycontrol.com|language=en}}</ref>
| revenue_year = 2021
| revenue_year = 2021
Line 26: Line 24:
| num_employees = 71,000 (2021)<ref name=BL>[https://www.kotak.com/content/dam/Kotak/investor-relation/Financial-Result/Annual-Reports/FY-2020/kotak-mahindra-bank/Kotak_Mahindra_Bank_Limited_FY20.pdf "Annual Report 2020"] kotak.com (16 March 2018).</ref>
| num_employees = 71,000 (2021)<ref name=BL>[https://www.kotak.com/content/dam/Kotak/investor-relation/Financial-Result/Annual-Reports/FY-2020/kotak-mahindra-bank/Kotak_Mahindra_Bank_Limited_FY20.pdf "Annual Report 2020"] kotak.com (16 March 2018).</ref>
| foundation = {{Start date and age|2003|02||df=yes}}
| foundation = {{Start date and age|2003|02||df=yes}}
| location = Mumbai, India
| location = [[Mumbai]], [[Maharashtra]], India
| subsid = {{ubl|[[Kotak Mahindra General Insurance]]|[[Kotak Life Insurance]]|[[Kotak Mutual Fund]]|[[Kotak Securities]]<ref>{{Cite web|url=https://www.kotaksecurities.com/ksweb/About-Us/Why-Choose-Us/About-Kotak-Securities|title=About our Stock Broking Services|website=Kotak Securities®}}</ref>|Kotak Mahindra Prime Ltd.|[[Airtel Payments Bank]]}}
| subsid = {{ubl|[[Kotak Mahindra General Insurance]]|[[Kotak Life Insurance]]|[[Kotak Mutual Fund]]|[[Kotak Securities]]<ref>{{Cite web|url=https://www.kotaksecurities.com/ksweb/About-Us/Why-Choose-Us/About-Kotak-Securities|title=About our Stock Broking Services|website=Kotak Securities®}}</ref>|Kotak Mahindra Prime Ltd.|[[Airtel Payments Bank]]
(9.99%)}}
| homepage = {{URL|www.kotak.com}}
| homepage = {{URL|www.kotak.com}}
}}
}}
'''Kotak Mahindra Bank Limited''' is an Indian [[banking]] & [[financial services]] company headquartered in the city of Mumbai, India. 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]].
'''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]]. It is India's third largest private sector bank by assets and by market capitalisation as of November 2021. As of February 2021, the bank has 1600 branches and 2519 [[Automated teller machine|ATMs]].<ref>{{cite news|title=List of private banks by market capitalization |url=http://www.moneycontrol.com/stocks/data-bank/standalone/banks-private-sector/1/mkt-data/mktcap|website=moneycontrol.com|access-date=23 April 2019}}</ref>


As of February 2021, it is the third largest Indian private sector bank by market capitalization, with 1600 branches & 2519 ATMs.<ref>{{cite news|title=List of private banks by market capitalization |url=http://www.moneycontrol.com/stocks/data-bank/standalone/banks-private-sector/1/mkt-data/mktcap|website=moneycontrol.com|access-date=23 April 2019}}</ref>
==History==
In 1985, [[Uday Kotak]] founded Kotak Capital Management Finance as an investment and financial services company, with a loan of {{INR}}30 [[lakh]] from family and friends.<ref>{{cite web |title=How Uday Kotak, world's richest banker, made $16 bn after a brush with death |url=https://www.livemint.com/companies/people/how-uday-kotak-world-s-richest-banker-made-16-bn-after-a-brush-with-death-11608248541743.html |website=mint |language=en |date=18 December 2020}}</ref> In 1986, [[Anand Mahindra]] and his father Harish Mahindra invested {{INR}}1 lakh in the company and it was subsequently renamed as Kotak Mahindra Finance.<ref>{{cite news |title=1 Lakh Investment Turned Into 1,400 Crores In 32 Years. This Is For Real |url=https://www.ndtv.com/business/1-lakh-investment-turned-into-1400-crores-in-32-years-this-is-for-real-1677458 |access-date=15 June 2022 |work=NDTV.com}}</ref> The company was initially engaged in bill discounting and [[Lease purchase contract|lease]] and [[hire purchase]] activities.<ref>{{cite news |title=Kotak Mahindra Bank Ltd. |url=https://www.business-standard.com/company/kotak-mah-bank-2330/information/company-history |access-date=15 June 2022 |work=Business Standard India}}</ref>


==History==
In the 1990s, the company established [[Car finance|car financing]] and [[investment banking]] divisions, and expanded its operations overseas. In 1996, car financing company Kotak Mahindra Primus was incorporated as a 60:40 [[joint venture]] between Kotak Mahindra Finance and [[Ford Motor Credit Company|Ford Credit International]].<ref>{{cite news |last1=Philip |first1=Lijee |last2=Ganguli |first2=Bodhisatva |title=Kotak Mahindra to buy Ford's stake in Primus |url=https://economictimes.indiatimes.com/kotak-mahindra-to-buy-fords-stake-in-primus/articleshow/1065720.cms |access-date=15 June 2022 |work=The Economic Times}}</ref> In 2001, OM Kotak Mahindra Life Insurance Company was established as a 74:26 joint venture between Kotak Mahindra Finance and [[Old Mutual]].<ref>{{cite news |title=Kotak Mahindra, Old Mutual get nod for life insurance JV |url=https://www.rediff.com/money/2001/jan/11kotak.htm |access-date=15 June 2022 |work=www.rediff.com}}</ref>
In 1985, [[Uday Kotak]] founded what later became an Indian financial services conglomerate.<ref>{{cite web |title=How Uday Kotak, world's richest banker, made $16 bn after a brush with death |url=https://www.livemint.com/companies/people/how-uday-kotak-world-s-richest-banker-made-16-bn-after-a-brush-with-death-11608248541743.html |website=mint |language=en |date=18 December 2020}}</ref> In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the group's flagship company, received a banking licence from the [[Reserve Bank of India]]. With this, KMFL became the first non-banking finance company in India to be converted into a bank.<ref>{{Cite web|title = About Us|url = http://www.kotak.com/about-us.html|website = kotak.com|access-date = 3 December 2015}}</ref>
 
In February 2003, Kotak Mahindra Finance received a [[Banking license|banking licence]] from the [[Reserve Bank of India]]. With this, it became the first non-banking finance company in India to be converted into a [[bank]]. Kotak Mahindra Finance was then renamed as Kotak Mahindra Bank.<ref>{{cite news |title=RBI gives Kotak Mahindra banking licence - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/rbi-gives-kotak-mahindra-banking-licence/articleshow/36679056.cms |access-date=15 June 2022 |work=The Times of India |language=en}}</ref> At the time, Uday Kotak had 56% stake in the company while Anand Mahindra held 5%.<ref>{{cite news |title=Kotak Mahindra Finance in limelight |url=https://www.rediff.com/money/2003/feb/07hot2.htm |access-date=15 June 2022 |work=www.rediff.com}}</ref>
 
In 2005, Kotak Mahindra Bank acquired Ford Credit's 40% stake in Kotak Mahindra Primus, making it a wholly-owned subsidiary of the group.<ref>{{cite news |title=Kotak Mahindra, Ford to end JV |url=https://economictimes.indiatimes.com/kotak-mahindra-ford-to-end-jv/articleshow/1129642.cms |access-date=15 June 2022 |work=The Economic Times}}</ref> The company was subsequently renamed as Kotak Mahindra Prime; Kotak Mahindra Bank transferred 49% stake in Kotak Mahindra Prime to its step-down subsidiary Kotak Securities.<ref>{{cite news |title=Kotak Mahindra Prime Limited: |url=https://www.icra.in/Rationale/ShowRationaleReport?Id=105600 |access-date=15 June 2022 |work=ICRA}}</ref>
 
In 2015, Kotak Bank acquired [[ING Vysya Bank]] in a deal valued at {{INRConvert|15000|c|year=2015|mode=historical}}. With the merger completed, Kotak Mahindra Bank had almost 40,000 employees, and the number of branches reached 1,261.<ref>{{cite news|title=Kotak Bank acquires ING Vysya for INR 15,000 crore|url=http://www.thehindubusinessline.com/industry-and-economy/banking/kotak-mahindra-board-okays-merger-of-ing-vysya-bank/article6618345.ece|access-date=15 April 2015|work=The Hindu|date=20 November 2014|location=Mumbai}}</ref> After the merger, [[ING Group]], which controlled ING Vysya Bank, owned a 7% share in Kotak Mahindra Bank.<ref>{{cite news|title=ING Vysya staff seek job surety from Kotak|url=http://www.business-standard.com/article/finance/ing-vysya-staff-seek-job-surety-from-kotak-114120600080_1.html|newspaper=Business Standard India|publisher=BusinessStandard|access-date=15 April 2015|date=6 December 2014}}</ref>


In a study by Brand Finance Banking 500 published in February 2014 by ''Banker'' magazine, KMBL was ranked 245th among the world's top 500 banks with a brand valuation of around {{USD|481&nbsp;million}} and brand rating of AA+.<ref>{{cite web|url=http://smartinvestor.business-standard.com/common/srchoutdet-225259-interim%20budget-Top_banks_on_a_slide_smaller_peers_do_better_Brand_Finance_study.htm|title=Top banks on a slide; smaller peers do better: Brand Finance study – The Smart Investor|access-date=3 September 2015}}</ref><ref>{{cite web|url=http://www.thebanker.com/Banker-Data/Banker-Rankings/The-Top-500-Banking-Brands-2014?ct=true|title=The Banker – The Banker|author=The Banker|access-date=3 September 2015}}</ref>
[[File:ATM of Kotak in Shyambazar 01.jpg|thumb|right|A Kotak Mahindra Bank ATM in [[Kolkata]]]]
[[File:ATM of Kotak in Shyambazar 01.jpg|thumb|right|A Kotak Mahindra Bank ATM in [[Kolkata]]]]


== Mergers and acquisitions ==
In 2017, Kotak Mahindra Bank acquired Old Mutual's 26% stake in [[Kotak Life Insurance|Kotak Mahindra Old Mutual Life Insurance]] for {{INRconvert|1292|c|year=2017|mode=historical}}, making the life insurance company its wholly-owned subsidiary.<ref>{{cite news |last1=Sinha |first1=Shilpy |title=Kotak to buy out Old Mutual in insurance JV |url=https://economictimes.indiatimes.com/markets/stocks/news/kotak-to-buy-out-old-mutual-in-insurance-jv/articleshow/58428668.cms |access-date=15 June 2022 |work=The Economic Times}}</ref>
 
=== ING Vysya Bank ===
In 2015, Kotak Bank acquired [[ING Vysya Bank]] in a deal valued at {{INRConvert|150|b}}. With the merger completed, Kotak Mahindra Bank had almost 40,000 employees, and the number of branches reached 1,261.<ref>{{cite news|title=Kotak Bank acquires ING Vysya for INR 15,000 crore|url=http://www.thehindubusinessline.com/industry-and-economy/banking/kotak-mahindra-board-okays-merger-of-ing-vysya-bank/article6618345.ece|access-date=15 April 2015|work=The Hindu|date=20 November 2014|location=Mumbai}}</ref> After the merger, [[ING Group]], which controlled ING Vysya Bank, owned a 7% share in Kotak Mahindra Bank.<ref>{{cite news|title=ING Vysya staff seek job surety from Kotak|url=http://www.business-standard.com/article/finance/ing-vysya-staff-seek-job-surety-from-kotak-114120600080_1.html|newspaper=Business Standard India|publisher=BusinessStandard|access-date=15 April 2015|date=6 December 2014}}</ref>


=== Ferbine ===
In 2021, the bank acquired a 9.99% stake in Ferbine, an entity promoted by [[Tata Group]], to operate a Pan-India umbrella entity for retail payment systems, similar to [[National Payments Corporation of India]].<ref>{{Cite web|title=Kotak Mahindra Bank, HDFC Bank To Acquire 9.99% Each In Ferbine|url=https://www.moneycontrol.com/news/business/markets/kotak-mahindra-bank-hdfc-bank-to-acquire-9-99-each-in-ferbine-private-ltd-6578201.html|access-date=2021-03-04|website=Moneycontrol}}</ref>
In 2021, the bank acquired a 9.99% stake in Ferbine, an entity promoted by [[Tata Group]], to operate a Pan-India umbrella entity for retail payment systems, similar to [[National Payments Corporation of India]].<ref>{{Cite web|title=Kotak Mahindra Bank, HDFC Bank To Acquire 9.99% Each In Ferbine|url=https://www.moneycontrol.com/news/business/markets/kotak-mahindra-bank-hdfc-bank-to-acquire-9-99-each-in-ferbine-private-ltd-6578201.html|access-date=2021-03-04|website=Moneycontrol}}</ref>


Line 55: Line 55:
* Kotak Securities
* Kotak Securities
* Kotak Mahindra Capital
* Kotak Mahindra Capital
* Kotak Mahindra Life Insurance
* [[Kotak Life Insurance|Kotak Mahindra Life Insurance]]
* Kotak Mahindra General Insurance
* [[Kotak Mahindra General Insurance]]
* [[Kotak Mutual Fund|Kotak AMC]]
* [[Kotak Mutual Fund|Kotak AMC]]
* Kotak Investment Advisors
* Kotak Investment Advisors
* kotak capital Company
* Kotak Capital Company
 
==Recognition==
In a study by Brand Finance Banking 500 published in February 2014 by ''Banker'' magazine, KMBL was ranked 245th among the world's top 500 banks with a brand valuation of around {{USD|481&nbsp;million}} and brand rating of AA+.<ref>{{cite web|url=http://smartinvestor.business-standard.com/common/srchoutdet-225259-interim%20budget-Top_banks_on_a_slide_smaller_peers_do_better_Brand_Finance_study.htm|title=Top banks on a slide; smaller peers do better: Brand Finance study – The Smart Investor|access-date=3 September 2015}}</ref><ref>{{cite web|url=http://www.thebanker.com/Banker-Data/Banker-Rankings/The-Top-500-Banking-Brands-2014?ct=true|title=The Banker – The Banker|author=The Banker|access-date=3 September 2015}}</ref>


== Corporate Social Responsibility ==
== Philanthropy ==
In 2020, Kotak pledged to donate {{INR|50 crore}} to the [[PM CARES Fund]] to fight against the [[COVID-19 pandemic]] in India.<ref>{{Cite web|date=29 March 2020|title=Kotak Mahindra Bank, Uday Kotak jointly pledge ₹50 crore to PM-CARES Fund|url=https://www.livemint.com/news/india/kotak-mahindra-bank-uday-kotak-jointly-pledge-rs-50-crore-to-pm-cares-fund-11585477616252.html|access-date=2 July 2020|website=Livemint|language=en}}</ref>
In 2020, Kotak pledged to donate {{INR|50 crore}} to the [[PM CARES Fund]] to fight against the [[COVID-19 pandemic]] in India.<ref>{{Cite web|date=29 March 2020|title=Kotak Mahindra Bank, Uday Kotak jointly pledge ₹50 to PM-CARES Fund|url=https://www.livemint.com/news/india/kotak-mahindra-bank-uday-kotak-jointly-pledge-rs-50-crore-to-pm-cares-fund-11585477616252.html|access-date=2 July 2020|website=Livemint|language=en}}</ref>


==See also==
==See also==
Line 68: Line 71:
* [[Banking in India]]
* [[Banking in India]]
* [[List of banks in India]]
* [[List of banks in India]]
* [[Reserve Bank of India]]
* [[Indian Financial System Code]]
* [[Indian Financial System Code]]
* [[List of largest banks]]
* [[List of companies of India]]
* [[Make in India]]


==References==
==References==

Revision as of 13:56, 15 June 2022


Kotak Mahindra Bank
Traded as
ISININE237A01028
IndustryFinancial services
FoundedFebruary 2003; 22 years ago (2003-02)
Founder(s)sUday Kotak
HeadquartersMumbai, Maharashtra, India
Key people
Uday Kotak (Chairman, MD & CEO)
ProductsBanking, commodities, credit cards, equities trading, insurance, investment management, mortgage loans, mutual funds, private equity, risk management, wealth management, asset management
RevenueIncrease ₹56,703 crore (US$6.5 billion)[1] (2021)
Increase ₹16,428 crore (US$1.9 billion)[1] (2021)
Increase ₹9,903 crore (US$1.1 billion)[1] (2021)
Total assetsIncrease ₹478,872 crore (US$55 billion)[2] (2021)
Total equityIncrease ₹83,345 crore (US$9.6 billion)[2] (2021)
Number of employees
71,000 (2021)[3]
Subsidiaries
Websitewww.kotak.com

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. It is India's third largest private sector bank by assets and by market capitalisation as of November 2021. As of February 2021, the bank has 1600 branches and 2519 ATMs.[5]

History

In 1985, Uday Kotak founded Kotak Capital Management Finance as an investment and financial services company, with a loan of ₹30 lakh from family and friends.[6] In 1986, Anand Mahindra and his father Harish Mahindra invested ₹1 lakh in the company and it was subsequently renamed as Kotak Mahindra Finance.[7] The company was initially engaged in bill discounting and lease and hire purchase activities.[8]

In the 1990s, the company established car financing and investment banking divisions, and expanded its operations overseas. In 1996, car financing company Kotak Mahindra Primus was incorporated as a 60:40 joint venture between Kotak Mahindra Finance and Ford Credit International.[9] In 2001, OM Kotak Mahindra Life Insurance Company was established as a 74:26 joint venture between Kotak Mahindra Finance and Old Mutual.[10]

In February 2003, Kotak Mahindra Finance received a banking licence from the Reserve Bank of India. With this, it became the first non-banking finance company in India to be converted into a bank. Kotak Mahindra Finance was then renamed as Kotak Mahindra Bank.[11] At the time, Uday Kotak had 56% stake in the company while Anand Mahindra held 5%.[12]

In 2005, Kotak Mahindra Bank acquired Ford Credit's 40% stake in Kotak Mahindra Primus, making it a wholly-owned subsidiary of the group.[13] The company was subsequently renamed as Kotak Mahindra Prime; Kotak Mahindra Bank transferred 49% stake in Kotak Mahindra Prime to its step-down subsidiary Kotak Securities.[14]

In 2015, Kotak Bank acquired ING Vysya Bank in a deal valued at ₹15,000 crore (US$2.34 billion). With the merger completed, Kotak Mahindra Bank had almost 40,000 employees, and the number of branches reached 1,261.[15] After the merger, ING Group, which controlled ING Vysya Bank, owned a 7% share in Kotak Mahindra Bank.[16]

A Kotak Mahindra Bank ATM in Kolkata

In 2017, Kotak Mahindra Bank acquired Old Mutual's 26% stake in Kotak Mahindra Old Mutual Life Insurance for ₹1,292 crore (US$198.4 million), making the life insurance company its wholly-owned subsidiary.[17]

In 2021, the bank acquired a 9.99% stake in Ferbine, an entity promoted by Tata Group, to operate a Pan-India umbrella entity for retail payment systems, similar to National Payments Corporation of India.[18]

Subsidiaries and associates

Major subsidiaries of the Bank include [19]

Recognition

In a study by Brand Finance Banking 500 published in February 2014 by Banker magazine, KMBL was ranked 245th among the world's top 500 banks with a brand valuation of around US$481 million and brand rating of AA+.[20][21]

Philanthropy

In 2020, Kotak pledged to donate ₹50 crore to the PM CARES Fund to fight against the COVID-19 pandemic in India.[22]

See also

References

  1. ↑ 1.0 1.1 1.2 "Kotak Mahindra Bank Consolidated Profit & Loss account, Kotak Mahindra Bank Financial Statement & Accounts". moneycontrol.com. Retrieved 31 August 2020.
  2. ↑ 2.0 2.1 "Kotak Mahindra Bank Consolidated Balance Sheet, Kotak Mahindra Bank Financial Statement & Accounts". moneycontrol.com. Retrieved 31 August 2020.
  3. ↑ "Annual Report 2020" kotak.com (16 March 2018).
  4. ↑ "About our Stock Broking Services". Kotak Securities®.
  5. ↑ "List of private banks by market capitalization". moneycontrol.com. Retrieved 23 April 2019.
  6. ↑ "How Uday Kotak, world's richest banker, made $16 bn after a brush with death". mint. 18 December 2020.
  7. ↑ "1 Lakh Investment Turned Into 1,400 Crores In 32 Years. This Is For Real". NDTV.com. Retrieved 15 June 2022.
  8. ↑ "Kotak Mahindra Bank Ltd". Business Standard India. Retrieved 15 June 2022.
  9. ↑ Philip, Lijee; Ganguli, Bodhisatva. "Kotak Mahindra to buy Ford's stake in Primus". The Economic Times. Retrieved 15 June 2022.
  10. ↑ "Kotak Mahindra, Old Mutual get nod for life insurance JV". www.rediff.com. Retrieved 15 June 2022.
  11. ↑ "RBI gives Kotak Mahindra banking licence - Times of India". The Times of India. Retrieved 15 June 2022.
  12. ↑ "Kotak Mahindra Finance in limelight". www.rediff.com. Retrieved 15 June 2022.
  13. ↑ "Kotak Mahindra, Ford to end JV". The Economic Times. Retrieved 15 June 2022.
  14. ↑ "Kotak Mahindra Prime Limited:". ICRA. Retrieved 15 June 2022.
  15. ↑ "Kotak Bank acquires ING Vysya for INR 15,000 crore". The Hindu. Mumbai. 20 November 2014. Retrieved 15 April 2015.
  16. ↑ "ING Vysya staff seek job surety from Kotak". Business Standard India. BusinessStandard. 6 December 2014. Retrieved 15 April 2015.
  17. ↑ Sinha, Shilpy. "Kotak to buy out Old Mutual in insurance JV". The Economic Times. Retrieved 15 June 2022.
  18. ↑ "Kotak Mahindra Bank, HDFC Bank To Acquire 9.99% Each In Ferbine". Moneycontrol. Retrieved 4 March 2021.
  19. ↑ "Investor Presentation" (PDF).{{cite web}}: CS1 maint: url-status (link)
  20. ↑ "Top banks on a slide; smaller peers do better: Brand Finance study – The Smart Investor". Retrieved 3 September 2015.
  21. ↑ The Banker. "The Banker – The Banker". Retrieved 3 September 2015.
  22. ↑ "Kotak Mahindra Bank, Uday Kotak jointly pledge ₹50 to PM-CARES Fund". Livemint. 29 March 2020. Retrieved 2 July 2020.

External links

www.kotak.com

Template:Kotak Mahindra Bank

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