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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 ...
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 muted, Kotak decided to start on his own, refusing a lucrative job option from a multinational. [2]
Kotak Mutual Fund is an Indian mutual fund that is managed by Mahindra Asset Management Company (KMAMC). KMAMC started operations in December 1998 and as of 2018, had approximately 74 Lakh investors in various schemes. [6] The fund is a wholly-owned subsidiary of Kotak Mahindra Bank .
Kotak Mahindra Life Insurance Company Limited is a privately held life insurance company based in India. [2] [3] [4] It was established in 2001 and currently serves 46 million customers in 148 cities and towns across India. [5] [6] The company provides protection, retirement, savings, investment, and annuity plans. [7]
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Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core banking is often associated with retail banking and many banks treat the retail customers as their core banking customers.
The bank specializes in retail banking services. According to the bank, its name is derived from the Indus Valley civilisation. As of December 31, 2023, the bank has 38 million customers, 2,728 branches, and 2,939 ATMs in India. It's an empaneled banker for MCX and part of the NIFTY 50 since April 1, 2013.
17.45% [1] Website. karnatakabank.com. Karnataka Bank Limited is an Indian private sector bank based in Mangalore. It is an 'A' Class Scheduled Commercial Bank with a network of 915 [2] branches, 1188 ATMs & Cash recyclers and 588 e-lobbies/mini e-lobbies across 22 states and 2 union territories. It has 8,652 employees and over 11 million ...