Kotak Mahindra Bank
Kotak Mahindra Bank is an Indian financial services company headquartered in Mumbai.
The bank was formed after Kotak Mahindra Finance received a banking license from the Reserve Bank of India in February 2003. This makes it the first non-banking finance company in India to convert into a ban In April 2015, ING Vysya Bank merged with Kotak Mahindra Bank, expanding its assets.
The bank has four Strategic Business Units – Consumer Banking, Corporate Banking, Commercial Banking and Treasury, which cater to retail and corporate customers across urban and rural India.
Six Indian banks’ outlooks revised to positive as economy strengthens
Six Indian banks’ outlooks revised to positive as economy strengthens
Infrastructure spending will pave the way for robust economic growth, says S&P.
Kotak Mahindra Bank’s profits up 27% in Q2
It has over 36.6 million customers as of end-September.
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