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Kotak Mahindra Bank
Kotak Mahindra Bank Net Worth is 7.9 $Billion. Kotak Mahindra Bank (BSE: 500247, NSE: KOTAKBANK) is an Indian financial service firm established in 1985. It was previously known as Kotak Mahindra Fina. Kotak Mahindra Bank (BSE: 500247, NSE: KOTAKBANK) is an Indian financial servi...

Kotak Mahindra Bank Net Worth is 7.9 $Billion.

Kotak Mahindra Bank Net Worth is 7.9 $Billion. Kotak Mahindra Bank is an Indian financial service firm established in 1985. It was previously known as Kotak Mahindra Fina Kotak Mahindra Bank is an Indian financial service firm established in 1985. It was previously known as Kotak Mahindra Finance Limited, a non-banking financial company. 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 . Kotak Mahindra Finance Ltd. is the first company in the Indian banking history to convert to a bank. Today it has more than 20,000 employees and Rs. 10,000 crore in revenue.
Mr. Uday Kotak is Executive Vice Chairman & Managing Director of Kotak Mahindra Bank Ltd. In July 2011 Mr. C. Jayaram and Mr. Dipak Gupta, whole time directors of the Bank, were appointed the Joint Managing Directors of Kotak Mahindra Bank. Dr. Shankar Acharya is the chairman of board of Directors in the company.
The Bank has its registered office at Nariman Bhavan, Nariman Point, Mumbai.
It bought stressed assets from a number of banks, at full loan v...
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Kotak Mahindra Bank Latest News

Investment Board to Consider Kotak Mahindra Bank Proposal on May 28

New Delhi: The Foreign Investment Promotion Board (FIPB) will on May 28 take up Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 per cent, along with 47 other FDI or foreign direct investment applications. A total of 48 ...
Posted: May 18, 2015, 10:20 am

Indian Banker Sees Potential in Disruptive Finance Technologies

Uday Kotak, the managing director and executive vice president of Kotak Mahindra Bank, acknowledged the infinitive potential of futuristic finance technologies for shaping up the Indian banking sector. The 56-year old banking veteran, who was once hailed ...
Posted: May 21, 2015, 7:24 am

These few steps by Modi govt will allow India to become one of the world's top 5 economies

New Delhi: The government has cleared 21 foreign direct investment (FDI) deals worth Rs 281 crore but deferred Kotak Mahindra Bank's proposal to hike foreign investment limit in the bank to 55 percent... Equity markets came under severe hammering Monday ...
Posted: May 26, 2015, 12:11 am

Kotak inks deal with Hiranandani for GIFT City

MUMBAI: Kotak Mahindra Bank has signed up with Hiranandani Communities to set up its IFSC Banking Unit in the developers project at GIFT City near Ahmedabad. Kotak Mahindra Bank will occupy premises in Hirandani Signature which will be in the International ...
Posted: May 15, 2015, 11:56 pm

Govt clears 21 FDI proposals worth Rs 281 cr, defers Kotak Bank proposal

New Delhi: The government has cleared 21 foreign direct investment (FDI) deals worth Rs 281 crore but deferred Kotak Mahindra Bank's proposal to hike foreign investment limit in the bank to 55 percent. "The government has approved 21 proposals of foreign ...
Posted: May 24, 2015, 11:30 am
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