Q1. How is Kotak Mahindra Bank organized?
Kotak Mahindra Bank (KMB) offers a very wide range of products and services targeted at retail customers, delivered through a state of the art technology platform. In addition to branch banking, convenience banking facilities offered by the Bank include telephone banking, internet banking, mobile banking, direct pay services, payment gateway for online shopping, a global debit card, a prepaid spending card and facility to transfer of funds to all Visa debit and credit cards in India.
KMB has 5 broad business segments:
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Q2. What does the Kotak logo represent?
The symbol of the infinite Ka reflects our global Indian personality. The Ka is uniquely Indian while its curve forms the infinity sign, which is universal. One of the basic tenets of economists is that man's needs are unlimited. The infinite Ka symbolises that we have infinite number of ways to meet those needs.
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Q3. How many people work at Kotak Mahindra Bank?
As of March 31, 2007, Kotak Mahindra Bank (standalone) had 5,400 employees. In the last financial year, 86 employees employed throughout the year and 36 employees employed for part of the year were in receipt of remuneration of Rs. 24 lacs or more per annum. The Bank was also adjudged the 10th Best Employer in India by Hewitt Best Employer Survey.
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Q4. What are the key metrics for Kotak Mahindra Bank?
Some of the key metrics for Kotak Mahindra Bank (Standalone) as of March 31, 2007 are:
Income: Rs 163,775.86 lakhs
Expenditure: Rs 149,639.34
Net Profit: Rs 14,136.52
Basic Earnings per share: 4.33
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Q5. How many cities do you have operations?
As on March 31, 2007, Kotak Mahindra Bank had built a network of 105 full fledged branches spread across 69 cities and towns (65 branches as on March 31, 2006). The Bank proposes to have around 200 full-fledged branches by mid next year.
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