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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 ...
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
ING Vysya Bank Kotak Bank & ING Vysya Merger. ING Vysya Bank was a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group. This merger marked the first between an Indian bank and a foreign bank. [4]
The company tied up with State Bank of India in 2006, Punjab National Bank in 2007 and Axis Bank in 2013 to offer online trading to its customers. In January 2010, Motilal Oswal Financial Services Ltd. set up Mutual fund business named as Motilal Oswal Asset Management Company (MOAMC).
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...
Yes Bank Limited is an Indian private sector bank founded by Rana Kapoor and Ashok Kapoor in 2005. It is a full-service commercial bank headquartered in Mumbai, trading through its 1,198 branches, 193 BCBOs, and over 1,287 ATMs (including CRMs and BNAs) across more than 300 districts in India, catering to retail, MSME, and corporate clients.
Uday Suresh Kotak (born 15 March 1959) is an Indian banker and Founder of Kotak Mahindra Bank, where he is a non-executive director. In the early 1980s, while India was still a closed economy and economic growth was slow, Kotak decided to start on his own, refusing a lucrative job option from a multinational. [2]
The bank turned profitable in the quarter ended 30 September 2021, with an annual revenue run rate of ₹1,000 crore. Services. Airtel Payments Bank has 155 million users and serves them through its digital platform and a retail-based distribution network. The Bank has built a network of over 500,000 neighborhood banking points.