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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. [ 6] As of December 2023, the bank has 1,869 branches and 3,239 ...
Uday Suresh Kotak (born 15 March 1959) is an Indian banker and founder of Kotak Mahindra Bank, where he is a non-executive director. In the early 1980s, while India was still a closed economy with slow economic growth, Kotak decided to start on his own, turning down a lucrative job offer from a multinational corporation. [ 2 ]
ING Vysya Bank Kotak Bank & ING Vysya Merger. ING Vysya Bank was a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group. This merger marked the first between an Indian bank and a foreign bank. [4]
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [ 1][ 2] It is used on mobile devices to instantly transfer ...
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Banking 48,743 1.2% −3,951 Bangalore Yes 36 ITC Limited: Consumer goods: 44,674 1.6% 11,271 Kolkata 37 Bank of India: Banking 44,158 4.8% −5,961 Mumbai Yes 38 General Insurance Corporation of India: Insurance: 43,555 38.9% 3,146 Mumbai Yes 39 Kotak Mahindra Bank: Banking 38,813 14.2% 6,201 Mumbai 40 Union Bank of India: Banking 38,413 0.4% ...
Kotak Mutual Fundis an Indian mutual fundthat is managedby Mahindra Asset Management Company (KMAMC). KMAMC started operations in December 1998 and as of 2018[update], had approximately 74 Lakhinvestors in various schemes.[6] The fund is a wholly-owned subsidiary of Kotak Mahindra Bank. History.
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