Kotak Mahindra Bank Ltd Company Summary

Kotak Mahindra Bank is one of the top private sector banks and boasts a strong retail and wholesale banking profile in India. That’s because its diversified financial services platform includes banking, securities, asset management, insurance and lending – making it an important player in India’s financial sector.

Company Overview

Kotak Mahindra started as a non‑bank finance company in 1985, and was limited to discounting of bills. In 2003, it was the first Indian company to be granted a banking licence by the Reserve Bank of India, converting into Kotak Mahindra Bank, a well-known name in full‑fledged commercial banking at that time.

Founding & evolution

• Founded: 1985 as Kotak Capital Management Finance Limited (later Kotak Mahindra Finance).
• Listed year: 1995 (BSE listing date 20 December 1995).
• Leadership: Uday Kotak is the founder and a non‑executive director; Dipak Gupta is identified as Managing Director and CEO in recent profiles.
• Strategic acquisitions and alliances: Major steps include the 2015 merger with ING Vysya Bank.

Scale and Presence

• Branches/sites: Operates more than 2,000 branches across India.
• Employees: Workforce of more than 70,000 people.
• International operations: The bank has branches or offices in financial centres, including Dubai, Abu Dhabi, and London.
• Customer base: Crossed 5.1 crore by June 2024, up from 4.3 crore a year earlier, supported by both digital acquisition and branch‑led growth.

Business Segments

Kotak Mahindra Bank has a diversified banking model with distinct focus areas.

• Saving and current Accounts, Credit Cards, Personal Loans, Home Loans, Consumer Finance, along with other areas such as small business and the MSME segment.
• High focus on mobile and internet banking, data‑driven underwriting and partnerships in areas like payments, to deepen inclusion and digital engagement.

ESG & Sustainability Focus

The recent BRSR and ESG disclosures by Kotak Mahindra Bank focus on initiatives around operational emissions reduction, resource efficiency, and inclusive growth. They encompass investments in solar energy and water management initiatives, electric vehicle charging at key offices, along with comprehensive CSR programs relating to education, health care, livelihoods and rural development.

Leadership Table

Top Mutual Funds Invested in Kotak Mahindra Bank Ltd Share (As on 31st October 2025)