Company Profile
It offers various banking and financial solutions for corporate and retail customers. In 1985, Uday Kotak created Kotak Capital Management Finance as an investment and financial facilities business, with a loan from family and friends. In 1986, Anand Mahindra and his father Harish Mahindra invested `1 lakh in the business and the organization was then renamed as Kotak Mahindra Finance. Kotak Mahindra Finance was initially engaged in bills discounting, lease and hire purchase. In the early 1990s, they began vehicle financing business along with investment banking operations and extended its services abroad. In the year 2003, Kotak Mahindra Finance received a banking licence from the Reserve Bank of India and became the first non-banking finance company in India to be converted into a bank was then renamed as Kotak Mahindra Bank. As of February 2021, the bank has 1600 (approximately) branches all over the country.
Banking Industry in India
この記事は BUSINESS ECONOMICS の December 01 - 31, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は BUSINESS ECONOMICS の December 01 - 31, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
NITI Aayog launches the "Fiscal Health Index 2025"
The report also highlights state-specific challenges and areas for improvement.
Convergence of Science and Spirituality ensures a healthier future
Speech of Dr. Prasun Mishra, President AAPM, Chair, WISE Capitals on the 15th World Confluence of Humanity, Power and Spirituality on 27th December 2024
The Crisis in Bolivia
Political leaders must put aside their rivalries and focus on stabilizing the economy.
Assam Government hosts successful Investors' Roadshow in Kolkata
The Assam Government organized a highly successful Investors' Roadshow at Hotel Taj Bengal, Kolkata, serving as a prelude to the much-anticipated \"Advantage Assam 2.0: Investment and Infrastructure Summit 2025.\"
India needs to reform both global and domestic policies to boost core sector growth
The core sector, consisting of key industries such as petroleum and refining, electricity generation, steel production, coal mining, crude oil, natural gas, cement, and fertilizers, requires comprehensive policy reforms to enhance its contribution to the overall industrial output.
Understanding the implications of India's revised GDP growth outlook
India's GDP growth rate forecast for FY25 has recently been revised downwards by several institutions, reflecting a broader economic slowdown.
Achievements and Challenges of a Decade of 'Make in India'
The 'Make in India' initiative, launched in 2014, marks a significant milestone as it completes a decade of efforts to position India as a global manufacturing hub.
Indian Rupee depreciation against the dollar: Why it's not a cause for concern
The daily fluctuations in the exchange rate of the Indian rupee against the dollar have kept the media busy, with many analyses trying to determine the reasons behind its depreciation.
EIILM-Kolkata launches 'MBA Cloud ERP with SAP' in Eastern India
EIILM-Kolkata, a leading Management Institute of Eastern India has taken a historic step towards uplifting the quality of management education in this part of the country.
The IMF World Economic Outlook, January 2025 - An analysis/review
On January 17, 2025, the International Monetary Fund On January 17, 2025, the International Monetary Fund (IMF) released its World Economic Outlook (WEO) update, titled \"Global Growth: Divergent and Uncertain.\"
