Kotak Mahindra Group
Kotak Mahindra is one of India's leading financial conglomerates,
offering complete financial solutions that encompass every
sphere of life. From commercial banking, to stock broking,
to mutual funds, to life insurance, to investment banking,
the group caters to the diverse financial needs of individuals
and corporates.
The group has a net worth of over Rs. 5,609 crore, employs
around 17,100 people in its various businesses and has a
distribution network of branches, franchisees, representative
offices and satellite offices across 344 cities and towns
in India and offices in New York, London, Dubai, Mauritius
and Singapore. The Group services around 3.6 million customer
accounts.
The journey so far

In October 2005, Kotak Group acquired the 40% stake
in Kotak Prime held by Ford Credit International (FCI) and
FCI acquired the stake in Ford Credit Kotak Mahindra (FCKM)
held by Kotak Group.
In May 2006, Kotak Group bought 25% stake held by Goldman
Sachs in Kotak Capital and Kotak Securities.
Key group companies and their businesses
Kotak Mahindra Bank The Kotak Mahindra
Group's flagship company, Kotak Mahindra Finance Ltd which
was established in 1985, was converted into a bank- Kotak
Mahindra Bank Ltd in March 2003 becoming the first Indian
company to convert into a Bank. Its banking operations offer
a central platform for customer relationships across the
group's various businesses. The bank has presence in Commercial
Vehicles, Retail Finance, Corporate Banking, Treasury and
Housing Finance.
Kotak Mahindra Capital Company Kotak
Mahindra Capital Company Limited (KMCC) is India's premier
Investment Bank. KMCC's core business areas include Equity
Issuances, Mergers & Acquisitions, Structured Finance
and Advisory Services.
Kotak Securities Kotak Securities Ltd.
is one of India's largest brokerage and securities distribution
houses. Over the years, Kotak Securities has been one of
the leading investment broking houses catering to the needs
of both institutional and non-institutional investor categories
with presence all over the country through franchisees and
coordinators. Kotak Securities Ltd. offers online (through
www.kotaksecurities.com)
and offline services based on well-researched expertise
and financial products to non-institutional investors.
Kotak Mahindra Prime Kotak Mahindra
Prime Limited (KMP) (formerly known as Kotak Mahindra Primus
Limited) has been formed with the objective of financing
the retail and wholesale trade of passenger and multi utility
vehicles in India. KMP offers customers retail finance for
both new as well as used cars and wholesale finance to dealers
in the automobile trade. KMP continues to be among the leading
car finance companies in India.
Kotak Mahindra Asset Management Company
Kotak Mahindra Asset Management Company Kotak Mahindra
Asset Management Company (KMAMC), a subsidiary of Kotak
Mahindra Bank, is the asset manager for Kotak Mahindra
Mutual Fund (KMMF). KMMF manages funds in excess of Rs
20,800 crore and offers schemes catering to investors
with varying risk-return profiles. It was the first fund
house in the country to launch a dedicated gilt scheme
investing only in government securities.
Kotak Mahindra Old Mutual Life Insurance Limited
Kotak Mahindra Old Mutual Life Insurance Limited is a joint
venture between Kotak Mahindra Bank Ltd. and Old Mutual
plc. Kotak Life Insurance helps customers to take important
financial decisions at every stage in life by offering them
a wide range of innovative life insurance products, to make
them financially independent.