Kotak Mahindra Bank

Kotak Mahindra Bank
Company type	Public
Traded as	BSE: 500247; NSE: KOTAKBANK; BSE SENSEX constituent; NSE NIFTY 50 constituent;
ISIN	INE237A01028
Industry	Financial services
Founded	6 February 2003
Founders	Uday Kotak
Headquarters	Mumbai, Maharashtra, India
Key people	Uday Kotak; (non-executive director); Ashok Vaswani; (MD & CEO);
Products	Consumer banking; Commercial banking; Insurance; Credit cards; Investment banking; Mortgage loans; Private banking; Private equity; Investment management; Asset management; Wealth management; Stockbroking;
Revenue	₹94,274 crore (US$11 billion) (2024)
Operating income	₹25,836 crore (US$3.1 billion) (2024)
Net income	₹18,213 crore (US$2.2 billion) (2024)
AUM	₹420,880 crore (US$50 billion) (2023)
Total assets	₹693,624 crore (US$82 billion) (2024)
Total equity	₹128,898 crore (US$15 billion) (2024)
Number of employees	116,000+ (March 2024)
Subsidiaries	Kotak Mahindra General Insurance; Kotak Life Insurance; Kotak Mahindra AMC; Kotak Securities; Kotak Mahindra Prime;
Website	www.kotak.com

Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. As of December 2023, the bank has 1,869 branches and 3,239 ATMs, including branches in GIFT City and DIFC (Dubai).