Kotak Mahindra Bank

Kotak Mahindra Bank Ltd is a prominent private sector bank based in Mumbai, India, and ranks as the fourth-largest in the country. Established in 2003 after acquiring a banking license from the Reserve Bank of India, the bank provides a comprehensive range of banking services, including personal finance solutions such as savings accounts and credit cards, as well as mutual fund distribution and life insurance products. It also offers transaction banking, lending services, and working capital loans. Kotak Mahindra Bank is recognized for its robust Wealth Management division, which serves high net worth individuals, business families, and professionals with tailored financial solutions. The bank has garnered positive customer feedback due to its extensive service offerings, which support the financial needs of clients in India's evolving economy. In 2014, Kotak Mahindra Bank expanded its reach through the acquisition of ING Vysya Bank, a strategic move valued at ₹15,000 crore.