Established in 1985, Kotak is one of India’s leading diversified and integrated financial services conglomerates, providing a wide range of financial solutions across customer and geographic segments within India. As a Group, Kotak also operates in overseas markets through international subsidiaries and branches in key geographies. Kotak has been built on the ethos of trust, governance, prudent risk management practices, product expertise, innovation in its offerings and a talented management team with an entrepreneurial mindset. The bank offers virtually every financial services product. This is evident across its diversified financial conglomerate, which is akin to a plane with four engines - banking and lending, capital markets, asset management and protection, all of which provides company with counter cyclical benefits.

Business area of the company:

Kotak Mahindra Bank offers a wide suite of products including Savings and Current Accounts, Term Deposits, Home Loans and Loans Against Property, Personal Loans, Consumer Finance, Business Banking, Credit Cards, Priority Banking, Small Business Loans, Private Banking, Rural Housing, Business Loans and FASTags.

Products and services of the bank: 

• Consumer Banking: Kotak Mahindra Bank provides a wide spectrum of propositions to retail customers (including corporate salaried customers and the self-employed), small businesses, NRIs, retail institutions, government departments and entities, backed by convenient, innovative and digital-first solutions.
• Kotak811: Kotak811 offers a wide suite of products, including saving accounts, term deposits, debit cards, credit cards, loans, Investments and protection plans.  
• Commercial Banking: The bank provides Tractors, Commercial Vehicles and Construction Equipment Loans, Credit loans to Small and Medium Enterprises in the Agri Value Chain, Logistics and EPC segments, Microcredit Loans to women borrowers under Joint Liability Group (JLG) and Gold Loans to individuals and small businesses.
• Wholesale Banking: It offers a portfolio of products and services, including working capital finance, medium-term finance, project finance, trade and supply chain finance, foreign exchange services, other transaction banking requirements, custody services, debt capital markets, structured financing solutions and treasury services. 
• Custodial Services: The bank provides custodial services to both domestic and international asset managers, with a focus on clients from regions including the Middle East, North America, Europe, the United Kingdom, Mauritius and the Far East.
• Private Banking: It offers an open architecture proposition through its comprehensive platform, covering a wide array of products and services through product partners, providers and internal group companies. These include Investment Advisory, Discretionary solutions, Investments, Family Office, Estate Planning and Banking Solutions. 
• Car and Two-Wheeler Loans: It offers financing of new, pre-owned passenger cars and two wheelers for retail consumers while also providing wholesale financing to automobile dealerships. 
• Lending and Investments: It lends to developers across the entire spectrum of residential, commercial and retail segments.
• Infrastructure Financing: It provides long-term finance to infrastructure projects that have completed at least one year of satisfactory commercial operations.
• Stock Broking: It offers a wide array of services and products, including investment and trading in equities, derivatives (equities, commodities and currency) and mutual funds. It also provides Research Services, Margin Trading Facility, Depository Services and distribution of third-party products such as insurance, PMS and AIF.
• Investment Banking: It provides investment banking services for Indian and global clients.
• Life Insurance: It offers a wide range of life insurance solutions under individual and group platforms through a multi-channel distribution network.
• Mutual Fund: It diversified product portfolio across a wide range of equity, debt, exchange-traded funds (ETFs), index funds and overseas funds.
• Pension Fund: The bank provides pension fund management services.

Kotak’s digital apps and platforms: 

• Kotak Bank App
• Kotak Cherry
• Kotak811 
• Kotak Neo
• Kotak fyn
• Sampark Setu Platform

2012-2013

• Best Managed Board by Aon Hewitt-Mint Study 2012
  
• Best Bank Award in New Private Sector Bank category by Financial Express
  
• Uday Kotak, Executive Vice President and Managing Director received the Special Award for his contribution in the growth of India's equity markets at India's Best Market Analyst Awards 2012 by Zee Business
  
• New Indian Express Group conferred Uday Kotak with the Runner-up award for Best Banker -Growth and Expansion at The Sunday Standard FINWIZ 2012 Best Bankers' Awards
  
• Among Forbes Asia's 'FAB 50' list in 2012 for the 3rd consecutive year
  
• Rated among the Top 25 Best Employers in India for three consecutive studies conducted since 2007 by Aon Hewit
  
• Recognised among the Top 10 Companies for Leaders to Work, in Asia Pacific, in a study conducted by RBL Group, Aon Hewitt and Fortune in 2011
  
• CFONEXT 100 Awards recognised the following among top 100 professionals to stand out as CFOs in the years to come:
  
• R. Krishnan, Kotak Mahindra Asset Management Company

2013-2014

• Uday Kotak - Ernst & Young Entrepreneur of The Year India Award
  
• Best Medium Sized Bank of the Year Award by Businessworld
  
• Best Bank - Emerging Banks by Outlook Money
  
• Ranked among top 5 Best Ranked Companies for Corporate Governance Practices in IR Global Ranking
  
• NSDL (National Securities Depository Limited) award in Best Performer in Account Growth Rate Category 2013, for Demat Accounts
  
• Kotak Junior ad film adjudged Best Banking Ad Worldwide 2013, by Bank Innovation - a leading global blog on banking
  
• EMC Transformers Award 2013 for Innovative implementation of storage technologies in the Bank
  
• Green IT Enterprise Award 2013 by CIO Forum and Schneider Electric for various power saving techniques implemented in Data Center. Kotak Mahindra Bank was amongst the Top 10 in the 'Top 10 Large Enterprises' category

2014-2015

• Best Prepaid Card Programme' at Financial Inclusion & Payments System (FIPS) 2014 for Kotak Samruddhi
  
• 9th most valuable brand in India in the BrandZ's 50 most valuable Indian brands ranking
  
• Best Local Cash Management Bank in India (6th year in a row) in the Asiamoney Cash Management Poll 2014 (For small and medium enterprises)
  
• Excellence in Security under 'Security in Bank' category at the Data Security Council of India Excellence Awards 2014
  
• Amit Jain (KMBL), Gaurav Sarayan (KMBL) and Prateek Diwan (KMCC) - Among the top 37 talented people in The Economic Times Young Leaders List, selected from across some 20000 executives

2015-2016

• Bullion Bank of the Year at the 4th India Bullion and Jewellery Awards 2016 by India Bullion and Jewellers Association (IBJA)
  
• BFSI Digital Innovators Award in the Digital Pioneer category for Kotak Bharat App by Financial Express
  
• Bombay Stock Exchange (BSE) recognised Kotak Mahindra Bank on the occasion of Muhurat Trading as one of the top 3 Performers in Primary Market Segment (Debt Public Issue Bids - Banks) (FY 15-16)
  
• Best Local Cash Management Bank in India in the mid-cap space at Asiamoney Cash Management Poll 2016
  
• Runner-up in the New Private Sector Bank 2014-15 category at FE Best Bank's Awards, awarded in 2017
  
• Kotak Mahindra Bank's Annual Report for FY2015-16 announced as Gold Competition Class Winner at LACP Vision Awards - Winter 2017 session in the Commercial Banks category

2016-2017

• Kotak 811 and biometric account opening recognised with an award at IBA's Banking Technology Awards 2018
  
• 811 recognised with the Bronze Award in the Mobile App category at the 2017 SMARTIESTM APAC Awards
  
• 811 recognised as the Best Corporate Innovation Award at India Fintech Forum 2017
  
• 811 named as winner at the 6th Edition of Banking Frontiers' Finnoviti Awards 2018
  
• Kotak Mahindra Bank's Annual Report for FY 2016-17 emerged as winner in Category II – Private Sector Banks by the Institution of Chartered Accountants of Indian (ICAI) at ICAI Awards for Excellence in Financial Reporting 2016-17
  
• NetApp Innovation Award 2018 in the Enterprise Mobility Category

2019-2020

• Kotak Mahindra Bank recognised as Best Domestic Bank at the AsiaMoney Best Bank Awards 2019: India
  
• The Tata Mumbai Marathon 2019 Philanthropy Awards Nite recognised:
  
• Kotak Mahindra Bank as the Highest Fund Raising Corporate  
  
• KVS Manian, President -Corporate, Institutional and Investment Banking as the TMM Legend
  
• Shanti Ekambaram, President - Consumer Banking as the Change Icon
  
• Manish Kothari, Senior Executive Vice President & Business Head - Corporate Banking as the Change Champion.

Milestones

• 1985: Kotak Mahindra Finance commences bill discounting business.
  
• 1987: Entry into hire and purchase business.
  
• 1990: Launch of auto finance division for financing passenger cars.
  
• 1991: Investment banking division established.
  
• 1995: Launch of KMCC, a joint venture with Goldman Sachs Group for investment banking.
  
• 1996: Launch of Kotak Mahindra Primus Ltd. (now Kotak Mahindra Prime Ltd.), a joint venture with Ford Credit.
  
• 1998: India’s first gilt fund launched through Kotak Mahindra Asset Management Company (KMAMC).
  
• 2001: Launch of Kotak Mahindra old Mutual Life Insurance Ltd. in partnership with old Mutual PLC.
  
• 2003: KMFL becomes India’s first non-banking finance company to be converted into a commercial bank.
  
• 2004: Kotak Mahindra Group enters alternate asset business with the launch of a private equity fund.
  
• 2005: The Kotak Mahindra Group realigns its joint venture with Ford Credit International (FCI). Under the realignment, the group gains complete ownership of Kotak Mahindra Prime (KMP) by acquiring the 40% stake previously held by FCI. At the same time, the group also sells its stake in Ford Credit Kotak Mahindra Ltd. (FCKM) to FCI, thereby giving Ford 100% ownership of the company.
  
• 2006: Kotak Mahindra Group buys out Goldman Sach’s equity stack in KMCC and Kotak Securities Ltd.
  
• 2008: Opening of bank’s representative office in Dubai.
  
• 2009: Launch of pension fund under India's National Pension System (NPS).
  
• 2014: Innovative solutions such as Jifi and KayPay launched for digital and social media.
  
• 2014: Acquisition of 15% equity stake in Multi Commodity Exchange of India Ltd. (MCX).
  
• 2015: RBI approves merger of ING Vysya Bank with Kotak Mahindra Bank effective from April 01, 2015.
  
• 2015: Kotak Mahindra General Insurance receives IRDA Approval to commence insurance business.
  
• 2016: Acquisition of 10,00,000 equity shares of institutional investor Advisory Services India Ltd.
  
• 2016: Acquisition of 9,83,82,022 (19.90%) equity shares of Airtel M Commerce Services Ltd. Co.(AMSL).
  
• 2017: Kotak Mahindra Bank acquires BSS Microfinance Private Ltd.
  
• 2018: Buyout of 26% old Mutual plc UK (OM) stack in Kotak Mahindra Old Mutual Life Insurance Ltd.
  
• 2018: Launch of Kotak Mahindra Debt Fund Ltd.
  
• 2019: Kotak Mahindra Bank inks pact with TollPlus.
  
• 2019: Kotak Mahindra Bank launches first international branch in Dubai.
  
• 2019: InstantPay, one of India's largest inclusive and neo banking platform, has entered into a strategic partnership with Kotak Mahindra Bank’s subsidiary -- Kotak Mahindra Life Insurance Company.
  
• 2019: Pine Labs partners with Kotak Mahindra Bank to enable EMIs on Kotak debit cards.
  
• 2020: Kotak Mahindra Bank launches ‘ATM on Wheels’ facility in Mumbai.
  
• 2020: Kotak Mahindra Bank launches 'ATM on Wheels' facility in Delhi-NCR region.
  
• 2020: Kotak Mahindra Bank launches video-based KYC to open account remotely
  
• 2020: Kotak Mahindra Bank collaborates with Innoviti Payment Solutions.
  
• 2020: Kotak Mahindra Bank launches Cardless Cash Withdrawal Facility through ATMs.
  
• 2020: Kotak Mahindra Bank launches Kotak Digi Home Loans.
  
• 2021: Kotak Mahindra Bank has divested 10% stake in ECA Trading Services to its subsidiary.
• 2021: Kotak Mahindra Bank has reached a significant milestone of issuing one million FASTags.
• 2021: Kotak Mahindra Bank has signed Memorandum of Understanding (MoU) with Kerala Startup Mission.
• 2022: Kotak Mahindra Bank has signed MoU with GIFT SEZ.
• 2022: Kotak Mahindra Bank and Indian Oil Corporation have entered into a strategic partnership to launch the Indian Oil Kotak co-branded fuel credit card.
• 2022: Kotak Mahindra Bank has completed integration with the GST portal.
• 2022: Kotak Mahindra Bank has launched Kotak NationBuilders Salary Account.
• 2023: Kotak Mahindra General Insurance Company (Kotak General Insurance) has partnered with Clootrack, an AI-driven, real-time customer experience platform.
• 2023: Kotak Mahindra Bank and Zurich Insurance Company have announced strategic alliance.
• 2024: Kotak Mahindra Bank has sold 70% stake of Kotak Mahindra General Insurance Company to Zurich Insurance Company (Zurich).
• 2024: Kotak Mahindra Life Insurance Company (Kotak Life) has launched its new protection plan Kotak Gen2Gen Protect.
• 2025: Kotak Mahindra Bank and IndiGo have teamed up to relaunch an exciting suite of co-branded credit cards -powered by IndiGo Airlines’ brand-new loyalty program, IndiGo BluChip.
• 2025: The Reserve Bank of India has lifted nine-month old curbs on Kotak Mahindra Bank, allowing it to onboard new customers through its online and mobile banking channels.
• 2025: Kotak Mahindra Bank has completed the acquisition of the Personal Loan book of Standard Chartered Bank, India, on January 23, 2025.