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  • History: About Kotak Mahindra Bank

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    Vishvajit Patil
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    The Kotak Mahindra group was established in 1985 as a non-banking financial company known as Kotak Mahindra Finance Limited. In 2003, Kotak Mahindra Finance Ltd became the first company in Indian banking history to receive a license to operate as a bank from the Reserve Bank of India, known as Kotak Mahindra Bank Ltd. The bank is headed by K.M. Gherda as Chairman and Uday Kotak as Executive Vice Chairman and Managing Director, and provides services including commercial vehicles, retail finance, corporate banking, treasury and housing finance as the flagship company of the Kotak Mahindra Group.

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    Original Title

    KOTAK BANK

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    The Kotak Mahindra group was established in 1985 as a non-banking financial company known as Kotak Mahindra Finance Limited. In 2003, Kotak Mahindra Finance Ltd became the first company in Indian banking history to receive a license to operate as a bank from the Reserve Bank of India, known as Kotak Mahindra Bank Ltd. The bank is headed by K.M. Gherda as Chairman and Uday Kotak as Executive Vice Chairman and Managing Director, and provides services including commercial vehicles, retail finance, corporate banking, treasury and housing finance as the flagship company of the Kotak Mahindra Group.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    33 views1 page

    History: About Kotak Mahindra Bank

    Uploaded by

    Vishvajit Patil
    The Kotak Mahindra group was established in 1985 as a non-banking financial company known as Kotak Mahindra Finance Limited. In 2003, Kotak Mahindra Finance Ltd became the first company in Indian banking history to receive a license to operate as a bank from the Reserve Bank of India, known as Kotak Mahindra Bank Ltd. The bank is headed by K.M. Gherda as Chairman and Uday Kotak as Executive Vice Chairman and Managing Director, and provides services including commercial vehicles, retail finance, corporate banking, treasury and housing finance as the flagship company of the Kotak Mahindra Group.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    History

    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 company.
    2. 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).
    3. Kotak Mahindra Finance Ltd. is the first company in the Indian
    banking history to convert to a bank.

    a. The bank is headed by K.M. Gherda as


    Chairman
    b. Uday Kotak as Executive Vice Chairman &
    Managing Director.

    ABOUT KOTAK MAHINDRA BANK

    i. About Kotak Mahindra Bank The flagship company of


    Kotak Mahindra Group.
    ii. Kotak Mahindra Finance Ltd was established in 1985.
    The same got converted into a bank - Kotak Mahindra
    Bank Ltd in March 2003. Kotak Mahindra bank has
    presence in Commercial Vehicles, Retail Finance,
    Corporate Banking, Treasury and Housing Finance.

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