Kotak Mahindra Bank is one of India's leading banking and financial services institutions, with a technical focus on digital banking and financial services technology. The bank serves millions of customers across India and employs over 10,000 people. Its consolidated net worth is around US$8.4 billion.
The group's product scope spans personal and business banking, accounts and deposits, loans, cards, insurance, investments and wealth management. Lending is delivered in part through entities such as Kotak Mahindra Prime, insurance through subsidiary Kotak Life Insurance, and investment products through Kotak Mutual Fund. The bank states that it continues to innovate in digital banking, alongside commitments to customer service and financial inclusion.
Founded in 1985 with seed capital of ₹30 lakh from Uday Kotak, the company has grown from that base into a diversified financial group. Its presence covers India and international markets via Kotak International. Industry verticals include banking, financial services, insurance, mutual funds and asset management, wealth management and lending.
