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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

12-11-2018, 12:22
Syndicate Bank Raises Marginal Cost of Funds Based Lending Rate by up to 0.15 percent and Effective from November 10
Syndicate Bank has hiked its marginal cost of funds based lending rate by up to 0.15 percent across various tenors, effective from November 10.
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31-10-2018, 19:55
State Bank of India slashes daily cash withdrawal limit on Classic and Maestro debit cards from Rs 40000 to Rs 20000
State Bank of India has reduced the per day cash withdrawal limit for Classic and Maestro debit cards holders Rs 40000 to Rs 20000 with effective from 31-10-2018.
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16-10-2018, 18:08
State Bank of India may block net banking if your mobile number is not linked by December 1st 2018
Internet banking users of State Bank of India are required to register their mobile number (if not done earlier) with the lender by December 1, 2018.
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26-09-2018, 19:25
AADHAAR card is not need for opening bank accounts as per supreme court
AADHAAR card is not need for opening bank accounts as per supreme court verdict op September 26, 2018.
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22-09-2018, 12:41
The government hikes interest rates up to 0.4 percentage for small savings scheme applicable from October 1 st to December 31
The government announced new interest rates on small savings schemes, including National Savings Certificate (NSC) and Public Provident Fund (PPF). The interest rates for small sav ...
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19-09-2018, 19:12
State Bank of India provides free of cost upgrade of debit card to its customers
State Bank of India provides free of cost upgrade of debit card to its customers. The upgrade of existing debit card to an EMV chip and PIN debit card offers enhanced security. The ...
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