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About Kotak Mahindra Bank

Kotak Mahindra Bank is the fourth largest Indian private sector bank by market capitalization, headquartered in Mumbai, Maharashtra. Kotak Mahindra group, established in 1985 by Uday Kotak, is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking licence from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to be converted into a bank – Kotak Mahindra Bank Limited (KMBL)

Highlights

Best Bank in 2014 by Business India

Most Imminent Bank 2014 by Outlook Money

Best Prepaid Card Programme' at Financial Inclusion & Payments System (FIPS) 2014 for Kotak Samruddhi

Gold Award for Best App developed - World's first banking application using Twitter

Gold Award for Best Innovation - World's first socially powered bank account

Best Local Cash Management Bank in India (6th year in a row) in the Asiamoney Cash Management Poll 2014

15-12-2017, 12:18
ICICI Bank has Reduced the Interest Rate on One year Deposits by 15 basis points
ICICI Bank has reduced the interest rate on one year deposits by 15 basis points to 6.6 percent per annum. The reduced rate will apply to fixed deposits of under Rs 1 crore with a ...
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07-12-2017, 19:47
ICICI Bank Offers Service to Open Public Provident Fund Account Online
ICICI Bank has launched a digital service to allow customers top open a public provident fund account (PPF) online, eliminating the need for furnishing paper documents. The digital ...
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05-12-2017, 16:25
Punjab National Bank Raises Bulk Deposit Interest Rate By 0.5 percent
Punjab National Bank has increased interest rate on bulk deposit of over Rs 1 crore by 0.5 percent. Effective from December 1st.
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30-11-2017, 17:19
Allahabad Bank Slashes Marginal Cost of Funds Based Lending Rate by 5 bps
Allahabad bank reduced its Marginal cost of funds based lending rate by 5 basis points across all tenors with effective from December 1st.
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28-11-2017, 19:51
Paytm Payments Bank target is to become largest full service digital bank in the world
Paytm Payments Bank is targeting to become the world largest digital bank with 500 million bank accounts and aims to turn into an integrated financial services company that offers ...
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18-11-2017, 18:15
ICICI Bank ties up with paytm to offer short term instant credit
ICICI Bank said, it is tying up with paytm to offer short term instant digital credit on the latters e-commerce platform.
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