Kotak Mahindra Bank - Wikipedia, The Free Encyclopedia
5
3/4/2015 Kotak Mahindra Bank Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank 1/5 Kotak Mahindra Bank Type Public company Traded as BSE: 500247 (http://www.bseindia.com/stockshareprice/x/y/500247/) NSE: KOTAKBANK (http://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp? cons=KOTAKBANK§ion=7) Industry Banking, Financial service Founded 1985 (as Kotak Mahindra Finance Ltd) Headquarters Mumbai, Republic of India Key people Uday Kotak (Founder & Executive Vice Chairman) C. Jayaram (Joint MD) Dipak Gupta (Joint MD) Jaimin Bhatt (President & Group CFO) KVS Manian (President Corporate & Investment Banking) Shanti Ekambaram (President Consumer Banking) Narayan SA (President Commercial Banking) Gaurang Shah (President Asset Management, International Business & Insurance) Mohan Shenoi (President Group Treasury & Global Markets) Arvind Kathpalia (Group Chief Risk Officer, Risk Management) D Kannan (Group Head Commercial Banking) Products Deposit accounts, Loans, Investment services, Business banking Kotak Mahindra Bank From Wikipedia, the free encyclopedia Kotak Mahindra Bank is the fourth largest Indian private sector bank by market capitalization, headquartered in Mumbai, Maharashtra. The Bank’s registered office (headquarter) is located at 27BKC, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, India. In February 2003, Kotak Mahindra Finance Ltd, the group's flagship company was given the licence to carry on banking business by the Reserve Bank of India (RBI). Kotak Mahindra Finance Ltd. is the first company in the Indian banking history to convert to a bank. As on Sept 30, 2014, Kotak Mahindra Bank has over 641 branches and over 1,159 ATMs spread across 363 locations in the country. Contents 1 History 2 Awards and Recognitions 3 References 4 External links History Kotak Mahindra group, established in 1985 by Uday Kotak, is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking licence from the Reserve Bank of India
-
Upload
sushil-mundel -
Category
Documents
-
view
66 -
download
0
description
MNJHYU
Transcript of Kotak Mahindra Bank - Wikipedia, The Free Encyclopedia
-
3/4/2015 KotakMahindraBankWikipedia,thefreeencyclopedia
http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank 1/5
KotakMahindraBank
Type Publiccompany
Tradedas BSE:500247(http://www.bseindia.com/stockshareprice/x/y/500247/)NSE:KOTAKBANK(http://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?cons=KOTAKBANK§ion=7)
Industry Banking,Financialservice
Founded 1985(asKotakMahindraFinanceLtd)
Headquarters Mumbai,RepublicofIndia
Keypeople UdayKotak(Founder&ExecutiveViceChairman)C.Jayaram(JointMD)DipakGupta(JointMD)JaiminBhatt(President&GroupCFO)KVSManian(PresidentCorporate&InvestmentBanking)ShantiEkambaram(PresidentConsumerBanking)NarayanSA(PresidentCommercialBanking)GaurangShah(PresidentAssetManagement,InternationalBusiness&Insurance)MohanShenoi(PresidentGroupTreasury&GlobalMarkets)ArvindKathpalia(GroupChiefRiskOfficer,RiskManagement)DKannan(GroupHeadCommercialBanking)
Products Depositaccounts,Loans,Investmentservices,Businessbanking
KotakMahindraBankFromWikipedia,thefreeencyclopedia
KotakMahindraBankisthefourthlargestIndianprivatesectorbankbymarketcapitalization,headquarteredinMumbai,Maharashtra.TheBanksregisteredoffice(headquarter)islocatedat27BKC,BandraKurlaComplex,BandraEast,Mumbai,Maharashtra,India.
InFebruary2003,KotakMahindraFinanceLtd,thegroup'sflagshipcompanywasgiventhelicencetocarryonbankingbusinessbytheReserveBankofIndia(RBI).KotakMahindraFinanceLtd.isthefirstcompanyintheIndianbankinghistorytoconverttoabank.
AsonSept30,2014,KotakMahindraBankhasover641branchesandover1,159ATMsspreadacross363locationsinthecountry.
Contents
1History2AwardsandRecognitions3References4Externallinks
History
KotakMahindragroup,establishedin1985byUdayKotak,isoneofIndiasleadingfinancialservicesconglomerates.InFebruary2003,KotakMahindraFinanceLtd.(KMFL),theGroupsflagshipcompany,receivedabankinglicencefromtheReserveBankofIndia
-
3/4/2015 KotakMahindraBankWikipedia,thefreeencyclopedia
http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank 2/5
solutions,TreasuryandFixedincomeproductsetc.
Revenue 109.63billion(US$1.7billion)(2011)[1]
Netincome 15.69billion(US$250million)(2011)
Website www.kotak.com(http://www.kotak.com/)
(RBI).Withthis,KMFLbecamethefirstnonbankingfinancecompanyinIndiatobeconvertedintoabankKotakMahindraBankLimited(KMBL).
InastudybyBrandFinanceBanking500,publishedinFebruary2014bytheBankermagazine(fromTheFinancialTimesStable),KMBLwasranked245thamongtheworldstop500bankswithbrandvaluationofaroundhalfabilliondollars($481million)andbrandratingofAA+.[2][3]KMBLisalsorankedamongthetop5BestRankedCompaniesforCorporateGovernanceinIRGlobalRanking.[4]
Year Milestone1985 KotakMahindraFinanceLimitedcommencesbilldiscountingbusiness1987 KotakMahindraFinanceLimitedentersleasingandhirepurchasebusiness1990 Startstheautofinancedivisionforfinancingpassengercars1991 Launchesinvestmentbankingbusiness1992 Entersthefundssyndicationbusiness
1995CommencedjointventurewithGoldmanSachsGroupInc.
InvestmentBankingdivisionincorporatedintoaseparatecompanyKotakMahindraCapitalCompany
1996
TheautofinancebusinessishivedoffintoaseparatecompanyKotakMahindraPrimeLimited(formerlyknownasKotakMahindraPrimusLimited).
KotakMahindratakesasignificantstakeinFordCreditKotakMahindraLimited,forfinancingFordvehicles.
1998 LaunchesmutualfundthroughKotakMahindraAssetManagementCompany(KMAMC).2000 KotakSecuritieslaunchesonlinebrokingbusiness(nowwww.kotaksecurities.com[5]).2001 Launchesinsurancebusiness,partnersOldMutualplctoformKotakMahindraOldMutualLifeInsuranceLtd.
2003 KotakMahindraFinanceLtd.(KMFL),thegroup'sflagshipcompany,receivesbankinglicensefromtheReserveBankofIndia(RBI).Withthis,KMFLbecomesthefirstnonbankingfinancecompanytobeconvertedintoacommercialbankKotakMahindraBankLtd.2004 Entersalternateassetsbusinesswiththelaunchofaprivateequityfund.
-
3/4/2015 KotakMahindraBankWikipedia,thefreeencyclopedia
http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank 3/5
2005 KotakMahindraGrouprealignsjointventureinFordCredittakes100%ownershipofKotakMahindraPrime(formerlyknownasKotakMahindraPrimusLimited)andsellsitsstakeinFordcreditMahindratoFord.2005 Launchesarealestatefund2006 BuysoutGoldmanSachs'equitystakeinKotakMahindraCapitalCompanyandKotakSecuritiesLtd.2008 LaunchedaPensionFundunderIndia'sNationalPensionSystem(NPS)
2009KotakMahindraBankLtd.opensarepresentativeofficeinDubai
KotakMahindraBankLtd.becomesanchorinvestorinAhmedabadCommoditiesExchange(ACE)
AwardsandRecognitions
WonGoldAwardforBestInnovationWorldsfirstsociallypoweredbankaccountandGoldAwardforBestAppdevelopedWorldsfirstbankingapplicationusingTwitterawardsattheIndianDigitalMediaAwards2014forKotakJifiRecognisedasHighestFundraisingCompanyinCorporateChallengecategoryinStandardCharteredMumbaiMarathon2014KotakMahindraBankwasranked292ndamongIndia'smosttrustedbrandsaccordingtotheBrandTrustReport2012,astudyconductedbyTrustResearchAdvisory.IntheBrandTrustReport2013,KotakMahindraBankwasranked861stamongIndia'smosttrustedbrandsandsubsequently,
accordingtotheBrandTrustReport2014,KotakMahindraBankwasranked114thamongIndia'smosttrustedbrands.[6]
AdjudgedBestBankamongEmergingBanksatOutlookMoneyAwards2013AdjudgedBestMediumSizedBankoftheYear2013byBusinessWorldKotakJunioradfilmadjudgedBestBankingAdWorldwide2013,byBankInnovationaleadingglobalblogonbankingWonAsianBankersITAwardinBestSelfServicecategoryforCourtesyCallBackfeatureWonPlatinumforInnovationWorldsfirstTwitterEnabledBankingProduct,GoldforBestUsageofViralMarketing,GoldforBestUsageofSocialMedia,GoldforBestUsageofDigitalMarketingandGoldforBestDigitalStrategyatCampaignIndiaDigitalCrestAwards2013forKotakJifiWonEMCTransformerAward2013forinnovativeimplementationofstoragetechnologiesintheBank
WonNationalSecuritiesDepositoryLtd.(NSDL)awardintheBestPerformerinaccountGrowthRatecategory2013,forDematAccounts[7]
WonEMCTransformerAward2013forinnovativeimplementationofstoragetechnologiesintheBank
-
3/4/2015 KotakMahindraBankWikipedia,thefreeencyclopedia
http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank 4/5
WonNationalSecuritiesDepositoryLtd.(NSDL)awardintheBestPerformerinaccountGrowthRatecategory2013,forDematAccountsWonGreenITEnterpriseAward2013byCIOForumandSchneiderElectricforvariouspowerandsavingtechniquesimplementedinDataCentre(WasalsorankedamongtheTop10intheLargeEnterprisescategory)ReceivedawardforInnovativeUseofDataStorageattheCNBCTV18IndiaInnovationAward,2013WontheawardfortheBestManagedBoardbyAonHewittMintStudy2012WontheBestBankAwardundertheNewPrivateSectorBankcategory(runnerup)attheFinancialExpressAwardsVotedastheBestLocalCashManagementBankinIndiaforsmallcompanies(turnover
-
3/4/2015 KotakMahindraBankWikipedia,thefreeencyclopedia
http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank 5/5
Externallinks
KotakGroupwebsite(http://www.kotak.com/)KotakSecurities(http://www.kotaksecurities.com/home/index.html)
Retrievedfrom"http://en.wikipedia.org/w/index.php?title=Kotak_Mahindra_Bank&oldid=649503453"
Categories: BanksofIndia CompaniesbasedinMumbai EconomyofMumbai EconomyofMaharashtra Banksestablishedin2003 CNXNifty
Thispagewaslastmodifiedon2March2015,at07:32.TextisavailableundertheCreativeCommonsAttributionShareAlikeLicenseadditionaltermsmayapply.Byusingthissite,youagreetotheTermsofUseandPrivacyPolicy.WikipediaisaregisteredtrademarkoftheWikimediaFoundation,Inc.,anonprofitorganization.
