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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 Kotak. 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]
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 payment network RTGS/NEFT, debit card and internet banking was also integrated into the app. In 2017 mobile payment, Unified Payment Interface (UPI) facility through BHIM support was added in the app. [ 4 ] Kotak Mahindra Bank ( KMBL ) has been selected as a digital payments partner by the National Agriculture Market (eNAM).
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Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. [4] It is amongst the top tractor financers in India, with 1000+ offices across the country. [5] Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited. [6]
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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]