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Kotak Mahindra Bank information


Kotak Mahindra Bank
Company typePublic
Traded as
  • BSE: 500247
  • NSE: KOTAKBANK
  • BSE SENSEX constituent
  • NSE NIFTY 50 constituent
ISININE237A01028
IndustryFinancial services
Founded1985; 39 years ago (1985)
FoundersUday Kotak
HeadquartersMumbai, Maharashtra, India
Key people
  • Uday Kotak
    (non-executive director)
  • Ashok Vaswani
    (MD & CEO)
Products
  • Consumer banking
  • Commercial banking
  • Insurance
  • Credit cards
  • Investment banking
  • Mortgage loans
  • Private banking
  • Private equity
  • Investment management
  • Asset management
  • Mutual funds
  • Exchange-traded funds
  • Index funds
  • Wealth management
  • Stockbroking
  • Risk management
RevenueIncrease 94,274 crore (US$12 billion)[1] (2024)
Operating income
Increase 25,836 crore (US$3.2 billion)[1] (2024)
Net income
Increase 18,213 crore (US$2.3 billion)[1] (2024)
AUMIncrease 420,880 crore (US$53 billion) (2023)[2]
Total assetsIncrease 767,667 crore (US$96 billion)[3] (2024)
Total equityIncrease 128,898 crore (US$16 billion)[3] (2024)
Number of employees
100,000+ (March 2023)[4]
Subsidiaries
  • Kotak Mahindra General Insurance
  • Kotak Life Insurance
  • Kotak Mahindra AMC
  • Kotak Securities[5]
  • Kotak Mahindra Prime
Websitewww.kotak.com Edit this at Wikidata

Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management.[6] As of December 2023, the bank has 1,869 branches and 3,239 ATMs, including branches in GIFT City and DIFC (Dubai).[7]

  1. ^ a b c "Kotak Mahindra Bank Consolidated Profit & Loss account, Kotak Mahindra Bank Financial Statement & Accounts" (PDF). bseindia.com. Retrieved 4 May 2024.
  2. ^ "Assets Under Management" (PDF). www.kotak.com. 31 March 2023. p. in PDF on page 17.
  3. ^ a b "Kotak Mahindra Bank Consolidated Balance Sheet, Kotak Mahindra Bank Financial Statement & Accounts" (PDF). bseindia.com. Retrieved 4 May 2024.
  4. ^ "Annual Report 2023" kotak.com (15 July 2023).
  5. ^ "About our Stock Broking Services". Kotak Securities®. 27 September 2014.
  6. ^ "List of private banks by market capitalization". moneycontrol.com. Retrieved 23 April 2019.
  7. ^ "Press Release Q3FY24" (PDF).

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