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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&section=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



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.



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



WonNationalSecuritiesDepositoryLtd.(NSDL)awardintheBestPerformerinaccountGrowthRatecategory2013,forDematAccountsWonGreenITEnterpriseAward2013byCIOForumandSchneiderElectricforvariouspowerandsavingtechniquesimplementedinDataCentre(WasalsorankedamongtheTop10intheLargeEnterprisescategory)ReceivedawardforInnovativeUseofDataStorageattheCNBCTV18IndiaInnovationAward,2013WontheawardfortheBestManagedBoardbyAonHewittMintStudy2012WontheBestBankAwardundertheNewPrivateSectorBankcategory(runnerup)attheFinancialExpressAwardsVotedastheBestLocalCashManagementBankinIndiaforsmallcompanies(turnover



Externallinks

KotakGroupwebsite(http://www.kotak.com/)KotakSecurities(http://www.kotaksecurities.com/home/index.html)

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Categories: BanksofIndia CompaniesbasedinMumbai EconomyofMumbai EconomyofMaharashtra Banksestablishedin2003 CNXNifty

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