Governance

Documents/Reports Review and Financial Reporting Process
Independent Statutory Auditors
Internal Audit Department
Whistleblowing/ Vigil mechanism
Inspections conducted by regulators
Risk Management
Process Improvement
Chairman:
Mr. Uday Chander Khanna
Members:
Dr. Ashok Gulati
Mr. C. Jayaram
Ms. Ashu Suyash
The Stakeholders Relationship Committee of the Bank reviews the complaints received from the shareholders and ensures redressal thereof.
Chairperson:
Ms. Ashu Suyash
Members:
Mr. Dipak Gupta
Mr. C. Jayaram
Chairperson:
Mr. Uday Shankar
Members:
Mr. Prakash Apte
Mr C. Jayaram
Chairman:
Mr. C S Rajan
Members:
Mr. Uday Kotak
Mr. Dipak Gupta
Ms. Shanti Ekambaram
Mr. KVS Manian
Pursuant to the directives of the Reserve Bank of India, the Bank has constituted a Committee on Frauds for monitoring and reviewing all the frauds involving amounts of Rs. 1 crore and above.
Chairman
Mr. Dipak Gupta
Members:
Mr. Prakash Apte
Mr. Uday Chander Khanna
Mr. C. Jayaram
Mr. KVS Manian
The Bank has, pursuant to the directives issued by the Reserve Bank of India, constituted a Customer Services Committee. The Committee has been constituted to bring about ongoing improvements in the quality of customer services provided by the Bank. The Committee would also oversee the functioning of the Customer Service Standing Committee, compliance with the recommendations of the Committee on Procedures and Performance Audit and Public Services (CPPAPS) and also mount innovative measures for enhancing the quality of customer service and improving the level of customer satisfaction for all categories of cliental, at all times.
Chairman:
Mr. Uday Shankar
Members:
Mr. Uday Kotak
Mr. Dipak Gupta
Mr. K.V.S. Manian
Chairman
Mr. Prakash Apte
Members:
Mr. Dipak Gupta
Mr. C. Jayaram
Mr. C S Rajan
The terms of reference of the Committee includes to identify, monitor and measure the risk profile of the Bank; develop policies and procedures; verify models that are used for preparing complex products; review models as development takes place in the markets and also identify new risks; monitor compliance of various risk parameters by operating departments; design stress scenarios to measure the impact of unusual market conditions and monitor variance between actual volatility of portfolio value and that predicted by risk measures; and ensure that the Bank’s credit exposure to any one group or industry does not exceed the internally set limits and that the risk is prudently diversified; and to specifically include cyber security.
Chairman:
Dr. Ashok Gulati
Members:
Mr. Uday Kotak
Mr. Prakash Apte
Ms. Ashu Suyash
Mr. C S Rajan
To allot shares arising out of the options exercised in accordance with the terms and conditions of the various ESOP Schemes of the Bank
Chairman:
Mr. C. Jayaram
Members:
Mr. Dipak Gupta
Ms. Shanti Ekambaram
Chairman:
Mr. Dipak Gupta
Members:
Mr. Prakash Apte
Mr. C. Jayaram
Mr. Uday Chander Khanna
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To review the order passed by the Identification Committee (1st Level Committee) after considering the written representation, if any forwarded by the Borrower(s) and pass necessary orders upholding / rejecting the order passed by the Identification Committee (1st Level Committee).
Chairman:
Mr. Dipak Gupta
Members:
Mr. Prakash Apte
Mr. C. Jayaram
Mr. Uday Chander Khanna
To bring operational flexibility in processing of credit proposals and also to discharge other responsibilities prescribed in different RBI directives including periodical calendar of reviews.
Chairman:
Mr. Dipak Gupta
Members:
Mr. K.V.S. Manian
Ms. Shanti Ekambaram
1) Issues relating to the Group from risk perspective.
2) Group risk appetite.
3) Analyse the material risks to which the Group, its businesses and subsidiaries would be exposed. It would discuss all risk strategies, both at an aggregated level and by type of risk and make recommendations to the Board in accordance with the Group’s overall risk appetite.
4) Identify potential intra-group conflicts of interest.
5) Assess whether there were effective systems in place to facilitate exchange of information for effective risk oversight of the Group.
6) Carry out periodic independent formal review of the Group structure and internal controls.
7) Articulate the leverage of the Group and monitor the same.
Chairman:
Mr. Prakash Apte
Members:
Mr. Uday Kotak
Mr. Dipak Gupta
Mr. Uday Chander Khanna
Ms. Shanti Ekambaram
To examine the new product proposals, various parameters and their comprehensive evaluation, before being offered to its customers.
Chairman:
Mr. Dipak Gupta
Members:
Mr. K.V.S. Manian
Ms. Shanti Ekambaram
Chairman:
Ms. Ashu Suyash
Members:
Mr. Uday Kotak
Mr. Dipak Gupta
To review such matters as may be delegated to the Committee or as it may deem fit for oversight and governance function
Chairman:
Mr. Uday Khanna
Members:
Mr. Uday Kotak
Ms. Ashu Suyash
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By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
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