Kotak Mahindra Bank

Banking

A premier financial conglomerate in India, built from a small bill-discounting firm into a universal banking and asset management titan.

View Official Kotak Mahindra Bank Careers

Official Kotak Mahindra Bank Careers Website

Quick Facts

Founded: 1985 (NBFC) / 2003 (Bank)
Founder: Uday Kotak
Headquarters: Mumbai, India
Industry: Banking & Financial Services

About Kotak Mahindra Bank

The Kotak Mahindra Group has a unique origin story. Founded in 1985 by Uday Kotak as a small bill-discounting firm with backing from Anand Mahindra, it grew into a highly successful non-banking financial company (NBFC) and premier investment bank. In 2003, it became the first NBFC in Indian corporate history to be converted into a commercial bank.

Today, Kotak is heavily respected for its conservative risk management, elite investment banking arm, and dominant institutional equities business (Kotak Institutional Equities). Its '811' digital banking initiative successfully captured massive retail market share.

What Kotak Mahindra Bank Does

Commercial & Retail Banking

Digital banking (Kotak 811), auto loans, and SME lending.

Investment Banking

IPO underwriting, M&A, and institutional equities.

Wealth Management

One of India's oldest and largest wealth management firms.

Asset Management & Insurance

Kotak Mutual Fund and life/general insurance subsidiaries.

Career Areas

Types of professional roles found inside Kotak Mahindra Bank.

Investment Banking Analyst
Wealth Manager / Private Banker
Digital Banking (811) Product Manager
Credit & Risk Management
Equities Research Analyst

Kotak Mahindra Bank's History

1985
Origins
Uday Kotak starts Kotak Capital Management Finance as an NBFC.
1995
Goldman Sachs JV
Forms a joint venture with Goldman Sachs for investment banking (later bought out by Kotak).
2003
Banking License
Receives a banking license from the RBI, becoming Kotak Mahindra Bank.
2015
ING Vysya Merger
Acquires ING Vysya Bank in a massive all-stock merger, expanding its southern India footprint.

Purpose & Values

“Lets make money simple”

Kotak focuses on prudent growth, maintaining high asset quality, and serving as a trusted financial partner across the entire spectrum of financial services.

View All Banking & Financial Services →