Establishment of Kotak Mahindra Finance
The origin of Kotak Mahindra Bank roots back to the birth of Kotak Capital Management Finance Limited in 1985. Subsequent to the acquisition of its stakes by the promoters of Mahindra & Mahindra Group in 1986, the name of the company was changed to Kotak Mahindra Finance Limited. One of India's leading financial institution, Kotak Mahindra started investment banking division in 1991 to grow as the largest financial retail marketing company. It offers a wide range of commercial banking services ranging from commercial banking, stock broking, mutual funds and life insurance to investment banking which caters to the diverse financial needs of individuals and companies.
Kotak Mahindra Bank Overview
The Kotak Mahindra Finance Limited has entered in to banking arena in 2003 with securing license from RBI to form banking company, which gave birth to Kotak Mahindra Bank. A new generation bank was started that addresses the entire spectrum of financial needs of individuals and business. It perfectly synchronized the products, experience, the infrastructure and the commitment to deliver end to end solutions that quietly matched the market needs.
Kotak Mahindra Bank is a business banking group with diversified business interests involving banking and non banking finances offers job opportunities in its core and noncore functional areas such as agriculture finance, asset reconstruction, car finance, corporate financial consulting, credit cards, home finance, securities, personal finance, retail liabilities, retail assets, banking transactions, treasury and wealth management, wholesale banking, human resources and technology, etc.
Kotak Mahindra Bank Products and Services
Kotak Mahindra Bank's products and services profile is unique with the best value products in all categories. In personal banking it offers depository accounts of various counts, loans to fulfill most of peoples auspicious needs of life, the profit assured investment services including pension plans, convenience banking enabled by state of the art technologies covering Net banking, Mobile banking, Phone banking and ATM network. The bank's NRI schemes include best competitive products and services covering deposits, investments, loans, money transfers, foreign exchange from a large number of international locations packed with anywhere any time banking facilities. Kotak Mahindra serves corporates and small business as well with unique products packed with value added facilities. Kotak Mahindra Bank is truly a new generation bank with innovative products and services.