Kotak Mahindra Bank Limited is one of India’s leading private sector banks and financial services conglomerates. It was founded in the year 1985 as Kotak Mahindra Finance Limited, initially focusing on financial services. In the year 2003, it became the first non-banking finance company in India to convert into a commercial bank after a receiving a banking licence from the Reserve Bank of India.
| Particular | Details |
| Bank Name | Kotak Mahindra Bank Limited |
| Type | Private Sector |
| Founded | 1985 |
| Founder | Uday Kotak |
| Headquarters | Mumbai, Maharashtra, India |
| MD & CEO | Ashok Vaswani |
| Chairman | C S Rajan |
| Regulator | RBI |
| Services | Personal Banking, Business Banking, NRI services and more |
| Branch Network | 2198 |
| Customer Base | 5.20 crore |
| Total Deposits | INR 528,776 crore |
| Total Advances | INR 509,399 crore |
| CASA Ratio | 42.3% |
| Bank Type Focus | Retail and Commercial Banking, Investments and NRI banking |
| Official Website | www.kotak.bank.in |
Net Worth and Market Cap
Net Worth of Kotak Mahindra Bank Limited was INR 167,935 crore in the second quarter of FY26. The bank’s market capitalisation is currently at INR 84,642.00 crore.
Corporate Leadership
Ashok Vaswani is the Managing Director and CEO of Kotak Mahindra Bank Limited. He has over 35 years of experience in the banking industry. C S Rajan is the Non-Executive Independent Part-Time Chairman, while Jaideep Hansraj and Paritosh Kashyap are Whole-Time Directors of the bank.
Overview of the Banking Products and Services
Kotak Mahindra Bank provides a wide range of offerings across personal, business, corporate and NRI banking segments. It also provides group-level products and services through subsidiaries like Kotak Securities, Kotak General Insurance, Kotak Life Insurance and others. The bank emphasises on digital innovation, with platforms like Kotak 811 for online banking.
A number of account options, including everyday savings accounts, zero balance accounts, salary accounts, Kotak 811 digital accounts and current accounts, are offered to the customers. There are multiple kinds of card options such as Cashback+ credit cards, Air+ credit cards, debit cards like Kotak 811 Infinity Metal debit card, business credit cards, prepaid cards and forex cards.
The bank offers a number of investment services covering demat and trading accounts, mutual funds, stocks, bonds, IPOs, ETFs, sovereign gold bonds and more. Its business and SME banking services include trade finance, supply chain finance, working capital loans, business loans and commercial vehicle loans.
Scale of Operations
Kotak Mahindra Bank has its head office in Mumbai, Maharashtra, India. It has a network of 2,198 branches and 3,239 ATMs across India. Furthermore, the bank has a Category 1 Authorised Branch, located in Dubai International Finance Centre. This branch caters to international customers.
