Kotak Mahindra Bank Powered By

Question

Hi buddy here I have come to know about Kotak Mahindra Bank Powered , so will you plz let me know about the same ,as my one of the friend asking me about the same ??

Answer
Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. In February 2003, Reserve Bank of India (RBI) gave the licence to Kotak Mahindra Finance Ltd, Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

Bank profile:

Type Private sector Bank

Traded as BSE: 500247

NSE: KOTAKBANK

Industry Banking, Financial service

Founded 1985 (as Kotak Mahindra Finance Ltd)

Headquarters Mumbai, India

Key people Uday Kotak (Founder & Executive Vice Chairman & MD)

Dipak Gupta (Joint MD)

Jaimin Bhatt (President & Group CFO)

Shanti Ekambaram (President – Consumer Banking)

KVS Manian (President – Corporate, Investment & Institutional Banking)

Mohan Shenoi (Chief Operating Officer)

Gaurang Shah (President – Asset Management, Insurance and International Business)

D Kannan (Group Head – Commercial Banking)

Arvind Kathpalia (President &Group Chief Risk Officer)

Products Deposit accounts, Loans, Investment services

Revenue 27,974.52 crore (US$4.4 billion)(2016)

Net income 3,431.12 crore (US$540 million)(2016)

Total assets US$15.8 billion(2015)

Number of employees 46,500+ (2016)

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