Our Story

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Since the inception of the erstwhile Kotak Mahindra Finance Limited in 1985, it has been a steady and confident journey leading to growth and success. The milestones of the group growth story are listed below year wise.

  • 2016

    Kotak Mahindra Bank Acquires 10,00,000 Equity shares of Institutional Investor Advisory Services India Limited

    Kotak Mahindra Bank Acquires 9,83,82,022 (19.90%) Equity Shares of Airtel M Commerce Services Limited Company (AMSL)

    Kotak Mahindra Bank launches International Banking Unit in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, Gujarat

    Kotak Mahindra Bank Acquires BSS Microfinance Private Limited

  • 2015

    Reserve Bank of India (RBI) approves merger of ING Vysya Bank with Kotak Mahindra Bank effective April 1, 2015

    Kotak Mahindra General Insurance Receives IRDAI Approval To Commence Insurance Business

  • 2014

    Thrust on digital and social with the launch of innovative solutions - first-of-its-kind fully integrated social bank account - 'Jifi', and world's first bank agnostic instant funds transfer platform using Facebook - 'KayPay'. Subsequently in Jan 2015, 'Jifi Saver' - a savings bank account with secure and seamless transactions on popular social networks was launched.

    Kotak Mahindra Bank acquires 15% equity stake in Multi Commodity Exchange of India Limited (MCX)

    Kotak Mahindra Asset Management Company Ltd. acquires schemes of Pinebridge Mutual Fund