Kotak named Best Bank in India, Best M&A House in India and Best Domestic Equity House
Kotak Mahindra Bank has been adjudged Best Bank in India and Kotak Investment Banking, a subsidiary of Kotak Mahindra Bank Limited, was named Best M&A House in India and Best Domestic Equity House in 2013.
Kotak was named Best Bank in India and Best M&A House in India in the Euromoney Awards for Excellence 2013 and Best Domestic Equity House in Asiamoney's Best Domestic Bank Awards 2013. This is the fifth time over the last six years that Kotak has been awarded the best domestic equity house title by Asiamoney.

Observations by Asiamoney:

  • Kotak worked on the largest equity deal in India over the past 12 months - the Indian government's stake sale in power company NTPC, which raised INR114.69 billion on February 7 this year.
  • The sale brought the government closer to hitting its disinvestment target of INR300 billion for the fiscal year, after it raised INR31.13 billion from the sale of shares in Oil India the week before. Kotak was also the sole domestic house to manage the Oil India deal. Both deals saw a high level of demand and were easily covered.
  • Kotak gets our vote as it is not just strong in terms of volume but is also a forerunner on the research and execution side. In Asiamoney's 2012 Brokers Poll the securities house was voted the top domestic broker.

About Kotak Mahindra Bank
Established in 1985, the Kotak Mahindra group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the group's flagship company, received banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank - Kotak Mahindra Bank Ltd. Kotak Mahindra Bank offers complete retail financial solutions for varied customer requirements. The Savings Account goes beyond the traditional role of savings and provides a range of services through a comprehensive suite of investment services and other transactional conveniences like Online Shopping, Bill Payments, ASBA, Netc@rd, ActivMoney (Automatic TD sweep-in and Sweep-out) etc. The Bank also offers an Investment Account where Mutual Fund investments are recorded and can be viewed in a consolidated fashion across fund houses & schemes. One can purchase, redeem, switch and even make systematic investments in Mutual Fund Schemes of over 20 Indian Mutual Fund houses. All this can be availed through Internet or phone banking services. The Bank also offers loan products such as Home Loans, Personal Loans, Commercial Vehicle Loans, etc. Keeping in mind the diverse needs of the Business Community, Kotak Mahindra Bank offers comprehensive business solutions that include Current Account, Trade Services, Cash Management Services and Credit facilities. Kotak Mahindra Bank has over 450 branches and over 969 ATMs spread across 265 locations in the country. The Bank has the products, the experience, the infrastructure and most importantly the commitment to deliver pragmatic, end-to-end solutions that really work.

About Kotak Investment Banking
Kotak Investment Banking (KIB) is a leading full-service investment bank in India offering integrated solutions encompassing high-quality financial advisory services and financing solutions to leading Indian and multinational corporations across diverse sectors. KIB's services include M&A Advisory, Equity and Debt Capital Market Issuances, Private Equity Advisory and Infrastructure Advisory. KIB is a subsidiary of Kotak Mahindra Bank Limited, one of India's leading banking and financial services organizations with a consolidated net worth of Rs 17,228 crore (approx US$ 2.9 billion) as on June 30, 2013.