Established in 1985, the Kotak Mahindra Group is one of India’s leading financial service conglomerates. In February 2003, Kotak Mahindra Finance Ltd.(KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). Thereafter, KMFL became India’s first non-banking finance company to become a bank – Kotak Mahindra Bank Ltd.
Effective from 1st April, 2015, ING Vysya Bank Ltd. Has merged with Kotak Mahindra Bank Ltd. Making it the 4th largest private sector bank in India & creating an institution with a market capitalization of Rs. 120,000 crore.
Kotak Mahindra Group offers a wide range of financial services that encompasses every sphere of life. From commercial banking, to stock broking, mutual funds to life insurance, general insurance and investment banking, it caters to the diverse financial needs of individuals and the corporate sector. The Group enjoys a wide distribution network through 1250+ branches across India and it has offices in London, New York, Dubai, Abu Dhabi, Mauritius and Singapore.