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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 with slow economic growth, Kotak decided to start on his own, turning down a lucrative job offer from a multinational corporation. [ 2 ]
Vaswani served as the president of Pagaya Technologies from July 2022 to January 2024. [2] Previously, he has worked at Citigroup and Barclays. [2][4] At Barclays Bank, UK, he has worked as the CEO. Subsequently, he has also worked as CEO of the Global Consumer, Private, Corporate and Payments businesses of the bank.
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Net income. ₹21.7 crore (US$2.6 million) (FY23) Parent. Bharti Airtel. Website. airtel.in /bank. Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi. [ 3 ] The company is a subsidiary of Bharti Airtel. [ 4 ] On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second ...
Kotak Mutual Fund. 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.
The Kotak Mahindra Group was founded in 1985 as a provider of financial services. [8] [9] In February 2003, Kotak Mahindra Finance Ltd (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank, the parent company of Kotak Life Insurance. [10]
User can authenticate a NACH API e-mandate on the web. The customer gets directed to the NPCI website, where customer has to choose their bank, and then authenticate via one of the two methods - 1. Net banking credentials 2. Debit card. [3] Kotak Mahindra Bank became the first bank to allow customers to choose both methods for authentication. [5]
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