Kotak Mahindra Bank
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| Type | Private BSE & NSE |
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| Founded | 1985 (as Kotak Mahindra Finance Ltd) |
| Headquarters | Kotak Mahindra Bank Ltd., Nariman Bhawan, Nariman Point, Mumbai, India |
| Key people | Mr. K.M. Gherda, Mr. Uday Kotak, Dr. Shankar Acharya |
| Industry | Banking |
| Products | Deposit accounts, Loans, Investment services, Business banking solutions, Treasury and fixed income products etc. |
| Website | [1] |
The Kotak Mahindra group is a financial organization established in 1985 in India. It was previously known as the Kotak Mahindra Finance Limited, a non-banking financial organization. In February 2003, Kotak Mahindra Finance Ltd, the group's flagship company was given the license to carry on banking business by the Reserve Bank of India (RBI). Kotak Mahindra Finance Ltd. is the first company in the Indian banking history to convert to a bank.
The bank is headed by K.M. Gherda as Chairman and Uday Kotak as Executive Vice Chairman & Managing Director. Shankar Acharya is the chairman of board of Directors in the company.
The Bank has its registered office at Nariman Bhavan, Nariman Point, Mumbai.
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[History] The Kotak Mahindra Group was born in 1985 as Kotak Capital Management Finance Limited. This company was promoted by Uday Kotak, Sidney A. A. Pinto and Kotak & Company. Industrialists Harish Mahindra and Anand Mahindra took a stake in 1986, and that's when the company changed its name to Kotak Mahindra Finance Limited. Since then it's been a steady and confident journey to growth and success. 1986 Kotak Mahindra Finance Limited starts the activity of Bill Discounting 1987 Kotak Mahindra Finance Limited enters the Lease and Hire Purchase market [edit] External links
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