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Uday Kotak is Executive Vice Chairman & Managing Director of Kotak Mahindra Bank Ltd. 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. |
Kotak Mahindra Bank
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Sensex turns choppy...Slips into negative zone again - India Infoline.com India Infoline.com--Cairn India, HCL Tech, RCOM, HDFC Bank, GAIL, Sun Pharma, IDFC, Axis Bank, SAIL and L&T wer among the notable gainers in the Sensex and the Nifty. Hero Honda, Grasim, BHEL, -Kotak Mahindra Bank-, HUL, Dr. Reddy's, Tata Pow - Date : Tue, 19 Apr 2011 08:45:44 GMT+00:00 |
Kotak Mahindra - Cisco combine rewarded for best contact center deployment - InformationWeek India InformationWeek India---Kotak Mahindra Bank- and its IT partner Cisco bagged the Asian Banker Award for Best Contact Center Deployment in the APAC region in 2011. The award was presented to KMB and Cisco for outstanding deployment for providing next gener - Date : Thu, 14 Apr 2011 06:11:52 GMT+00:00 |
SC bench recuses itself from hearing Subhiksha case - Times of India Times of India--PTI | Apr 15, 2011, 06.07am IST NEW DELHI: A Supreme Court bench has recused itself from hearing cash-strapped retailer Subhiksha's petition seeking a stay on criminal proceedings initiated against it after a cheque issued to -Kotak M - Date : Fri, 15 Apr 2011 00:45:22 GMT+00:00 |
SC Bench recuses from hearing Subhiksha plea - Business Standard Business Standard--PTI / New Delhi April 14, 2011, 20:32 IST A Supreme Court Bench has recused from hearing cash-strapped retailer Subhiksha's petition seeking a stay on criminal proceedings initiated against it for dishonouring a cheque issued to -K - Date : Thu, 14 Apr 2011 15:55:04 GMT+00:00 |
Indian Rupee Down On Weak Local Stocks; Bonds Lower - Wall Street Journal Wall Street Journal--"Rupee opened flat, but weakened since then, tracking the sharp losses in domestic stock and euro weakness," said -Kotak Mahindra Bank- in a note. The Bombay Stock Exchange's Sensitive Index fell 295.65 points, - Date : Mon, 18 Apr 2011 13:42:37 GMT+00:00 |
Positive on IT banking sector Kotak Mahindra Bank - Moneycontrol.com Moneycontrol.com--Expect pretty firm flows around the 5400 level on the Nifty, says C Jayaram, ED, -Kotak Mahindra Bank-. “Since the beginning of the calendar year, we have had a lot of negative news. India has underperformed most markets. But I think a - Date : Fri, 25 Mar 2011 11:42:13 GMT+00:00 |
Nifty in tight range broader indices outperform - Moneycontrol.com Moneycontrol.com--Financial and technology companies' shares were witnessing profit booking today after a strong rally in previous few sessions. SBI, ICICI Bank, PNB and -Kotak Mahindra Bank- tanked 1.5-2.5%. Axis Bank and HDFC Bank were down over 0. - Date : Fri, 01 Apr 2011 08:40:58 GMT+00:00 |
Stamp duty on exchange transactions to impact volumes: Kotak - Daily News & Analysis Daily News & Analysis--Place: Mumbai | Agency: PTI The Maharashtra government's decision to impose a 0.005% stamp duty on all transactions in stock and commodity exchanges is likely to have some impact on volumes, -Kotak Mahindra Bank- said on Th - Date : Thu, 24 Mar 2011 14:56:12 GMT+00:00 |
Banking stocks surge, IndusInd leads - Indian Express Indian Express--The gains in all financial stocks, barring -Kotak Mahindra-, lifted the BSE banking index by a whopping 155.77 points, or 1.21 per cent to 13081.84 points. The country's largest -bank- SBI rose by 1.40 per cent to Rs 2747.30 on BSE. . - Date : Mon, 28 Mar 2011 13:02:26 GMT+00:00 |
ACE to expand capital base by 20% - Business Standard Business Standard--A majority stake in the exchange is owned by the -Kotak Mahindra Bank-. By doing this the exchange's capital base would expand by Rs20 crore and premium (depending upon valuations) will be added to reserves. After this, Kotak' - Date : Wed, 16 Mar 2011 15:10:25 GMT+00:00 |
Year | Milestone | |
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1986 | Kotak Mahindra Finance Limited starts the activity of Bill Discounting | |
1987 | Kotak Mahindra Finance Limited enters the Lease and Hire Purchase market | |
1990 | The Auto Finance division is started | |
1991 | The Investment Banking Division is started. Takes over FICOM, one of India's largest financial retail marketing networks | |
1992 | Enters the Funds Syndication sector | |
1995 | Brokerage and Distribution businesses incorporated into a separate company - Securities. Investment Banking division incorporated into a separate company - Kotak Mahindra Capital Company | |
1996 | The Auto Finance Business is hived off into a separate company -Kotak Mahindra Prime Limited (formerly known as Kotak Mahindra Primus Limited). Kotak Mahindra takes a significant stake in Ford Credit Kotak Mahindra Limited, for financing Ford vehicles. The launch of Matrix Information Services Limited marks the Group's entry into information distribution. | |
1998 | Enters the mutual fund market with the launch of Kotak Mahindra Asset Management Company. | |
2000 | Kotak Mahindra ties up with Old Mutual plc. for the Life Insurance business. | |
2000 | Kotak Securities launches its on-line broking site (now www.kotaksecurities.com). Commencement of private equity activity through setting up of Kotak Mahindra Venture Capital Fund. | |
2001 | Matrix sold to Friday Corporation | |
2001 | Launches Insurance Services | |
2003 | Kotak Mahindra Finance Ltd. converts to a commercial bank - the first Indian company to do so. | |
2004 | Launches India Growth Fund, a private equity fund. | |
2005 | Kotak Group realigns joint venture in Ford Credit; Buys Kotak Mahindra Prime (formerly known as Kotak Mahindra Primus Limited) and sells Ford credit Mahindra. | |
2005 | Launches a real estate fund | |
2006 | Bought the 25% stake held by Goldman Sachs in Kotak Mahindra Capital Company and Securities | |
2008 | Launched a Pension Fund under the New Pension System | |
2009 | Kotak Mahindra Bank Ltd. Opened a representative office in Dubai | Entered Ahmedabad Commodity Exchange as anchor investor |
2010 | Ahmedabad Derivatives and Commodities Exchange, a Kotak anchored enterprise, became operational as a national commodity exchange. |
Central bank | Reserve Bank of India | |
Nationalised banks | Allahabad Bank * Andhra Bank * Bank of Baroda * Bank of India * Bank of Maharashtra * Canara Bank * Central Bank of India * Corporation Bank * Dena Bank * IDBI Bank * Indian Bank * Indian Overseas Bank * Oriental Bank of Commerce * Punjab & Sind Bank * Punjab National Bank * Syndicate Bank * UCO Bank * Union Bank of India * United Bank of India * Vijaya Bank | |
State Bank Group | State Bank of India * State Bank of Bikaner & Jaipur * State Bank of Hyderabad * State Bank of Indore * State Bank of Mysore * State Bank of Patiala * State Bank of Travancore | |
Private banks | Axis Bank * Bank of Rajasthan * Bharat Overseas Bank * Catholic Syrian Bank * City Union Bank * Development Credit Bank * Dhanalakshmi Bank * Federal Bank * Ganesh Bank of Kurundwad * HDFC Bank * ICICI Bank * IndusInd Bank * ING Vysya Bank * Jammu & Kashmir Bank * Karnataka Bank Limited * Karur Vysya Bank * Kotak Mahindra Bank * Lakshmi Vilas Bank * Nainital Bank * Ratnakar Bank * Rupee Bank * Saraswat Bank * SBI Commercial and International Bank * South Indian Bank * Tamilnad Mercantile Bank Limited * Yes Bank | |
Foreign bank | ABN AMRO * Abu Dhabi Commercial Bank * Antwerp Diamond Bank * Arab Bangladesh Bank * Bank International Indonesia * Bank of America * Bank of Bahrain & Kuwait * Bank of Ceylon * Bank of Nova Scotia * Bank of Tokyo Mitsubishi UFJ * Barclays Bank * Citibank India * HSBC * Standard Chartered * Deutsche Bank * Royal Bank of Scotland | |
Regional Rural banks | South Malabar Gramin Bank * North Malabar Gramin Bank * Pragathi Gramin Bank * Shreyas Gramin Bank | |
Financial Services | Real Time Gross Settlement(RTGS) * National Electronic Fund Transfer (NEFT) * Structured Financial Messaging System (SFMS) * CashTree * Cashnet * Automated Teller Machine (ATM) |