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Company Overview
Kotak Mahindra Bank Limited (KMBL) is an Indian private-sector banking and financial services company headquartered in Mumbai, Maharashtra. The institution was incorporated on 21 November 1985 as Kotak Capital Management Finance Limited. In 1986, its name was changed to Kotak Mahindra Finance Limited. In 2003, Kotak Mahindra Finance became a commercial bank, making it the first Indian company to convert from a non-banking finance company into a commercial bank.
The bank's registered office is at 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051. Its shares are listed on the BSE Limited and the National Stock Exchange of India Limited.
Business and Industry
Kotak Mahindra Bank operates in the banking and financial services industry. Its activities include retail banking, commercial banking, corporate banking, treasury and financial-market activities, and lending and deposit services.
At the wider Kotak Group level, the business is organized around four interconnected areas: Banking and Lending, Capital Markets, Asset Management, and Protection. The FY2025–26 Integrated Annual Report describes banking and lending as the relationship anchor, capital markets as a fee and advisory business, asset management as a recurring earnings business, and protection as providing insurance and long-term financial security.
Products, Services and Customers
The bank provides financial products and services to individuals, businesses, corporates and institutional customers. Its banking activities include deposit accounts, loans, payments, credit facilities, wealth-related services and other financial products.
Retail customers are served through products such as savings and current accounts, personal loans, home loans, vehicle finance, credit cards and digital banking services. Business and corporate customers are served through working-capital facilities, structured finance, transaction banking, trade services and other commercial banking solutions.
The wider Kotak Group also provides securities broking and depository services, investment banking, asset management, life insurance, general insurance and other financial services through its subsidiaries and associated businesses.
Business Model and Operations
Kotak Mahindra Bank operates through a combination of physical branches, digital platforms and specialized financial-services businesses. As of 31 March 2026, the bank reported 5.2 crore customers and 2,276 bank branches in India. It also has bank branches in DIFC, Dubai, and GIFT City, Gujarat.
The FY2025–26 Integrated Annual Report reported a Group branch network of 5,581 in India, alongside consolidated customer assets of approximately ₹7.5 lakh crore and bank deposits of approximately ₹5.7 lakh crore.
Subsidiaries and Group Businesses
Kotak Mahindra Bank has subsidiaries operating across different areas of financial services. Important subsidiaries disclosed by the bank include Kotak Mahindra Prime Limited, which operates in vehicle finance; Kotak Securities Limited, which provides stock broking, depository and related services; Kotak Mahindra Capital Company Limited, which operates as an investment bank; Kotak Mahindra Life Insurance Company Limited; Kotak Mahindra Asset Management Company Limited; Kotak Mahindra Investments Limited; Kotak Mahindra (UK) Limited; Kotak Mahindra (International) Limited; and Kotak Mahindra Financial Services Limited.
The bank also has overseas operations through subsidiaries and branches in selected international financial centres.
Purpose, Values and Corporate Philosophy
Kotak's official materials emphasize trust, governance, prudent risk management, product expertise, innovation and an entrepreneurial culture as foundational elements of the Group.
The bank's published core values include being down to earth and approachable; mutual respect and transparency; passion to achieve; an entrepreneurial approach; and being ethical with a governance mindset.
The bank's FY2024–25 Integrated Annual Report describes its purpose-oriented approach around enhancing financial well-being, promoting sustainable practices and creating value for stakeholders.
A separately published current formal vision statement was not identified in the official sources reviewed. Information not officially disclosed.
Geographic Presence and Officially Reported Scale
Kotak Mahindra Bank primarily serves the Indian market while maintaining selected international operations. At the Group level, the FY2025–26 Annual Report reported more than 112,000 full-time employees and a consolidated customer base of 5.2 crore.
The bank's operations therefore span retail and institutional banking, lending, capital markets, asset management, insurance and related financial services through its broader group structure.
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