Governance

Experience the all-new Kotak Netbanking
Simpler, smarter & more intuitive than ever before
Quick Help
Frequently Asked Questions
For Kotak Bank Customers
For Kotak811 Customers
Experience the all-new Kotak Netbanking Lite
Simpler, smarter & more intuitive than ever before. Now accessible on your mobile phone!
Non-Executive Independent Part-time Chairman
Mr. C S Rajan, a Post Graduate in History, is an accomplished leader with 46 years of experience in public life. He was appointed as an Independent Director on the Board of the Bank, with effect from 22nd October, 2022 and as Chairman, with effect from 1st January, 2024.
An IAS officer of the 1978 batch, Mr. Rajan retired as the Chief Secretary of the Government of Rajasthan in 2016. He served in leadership roles for 12 years in key Infrastructure sectors, such as, Energy, Highways, Water Resources and Industry, including SSI / MSME and enjoyed a long stint of 14 years in Agriculture and Rural Development. During his years as an IAS officer, he has also been exposed to the fields of Human Resources, Finance and General Administration. He has served on inter-disciplinary teams for review of World Bank Agriculture projects in other states and as a Consultant to the World Bank in a study on ‘Farmer Participation in Agricultural Research and Extension System’ which was later on published as a book co-authored by him.
After his retirement from active service in July 2016, Mr. Rajan served as Deputy Chairman in the Chief Minister of Rajasthan’s Advisory Council for a period of two and half years. In October 2018, Mr. Rajan was appointed by the Government of India on the Board of Infrastructure Leasing and Financial Services Limited ("IL&FS"), initially as Director from October 2018 to April 2019, thereafter as Managing Director from April 2019 to April 2022, then as Chairman & Managing Director from April 2022 to October 2022 and finally, as the Non-Executive Chairman of IL&FS from October 2022 until his resignation in September 2024
Mr. Rajan is also a Director (Independent) on the Board of Kotak Mahindra Life Insurance Company Limited, a wholly-owned subsidiary of the Bank.
Managing Director & CEO
Mr. Ashok Vaswani has a proven track record spanning three and half decades, initially at Citigroup and, thereafter, at Barclays, of building
and growing global businesses at scale, nurturing winning teams, establishing transformational partnerships, leveraging forward leaning technology, with a compelling business vision to deliver strong bottom-line growth. Mr. Vaswani is widely known as the person who led the transformation of Barclays from the analog age to the digital age. This involved a complete technology architecture redesign, hollowing out of the proprietary core banking platform to deliver a high level of resilience, redesign, digitalisation of customer journeys and data lead operations.
He brings with him significant executional experience with high degree of compliance and industrial strength across financial services.
Non-Executive Director
Mr. Uday Kotak is the Founder and Director of the Bank. He has played an important role in the growth of the Kotak Mahindra group over the past 38 years. He was the Managing Director & CEO of the Bank till 1st September, 2023, prior to becoming a Non-Executive Non-Independent Director, with effect from 2nd September, 2023. Under his leadership, the Kotak Mahindra group has emerged as one of India’s leading diversified and integrated financial services conglomerates, providing a range of financial solutions covering banking, asset management, alternate asset management, life and general insurance stock broking, investment banking, private banking, microfinance and asset reconstruction.
He has played an important role in defining and developing India’s banking and financial sector over three decades. Mr. Kotak leads several
key bodies and is currently Co-Chairman of the Indo-UK Financial Partnership (IUKFP). He was on the International Advisory Panel of Monetary Authority of Singapore until December 2023 and was President of the Confederation of Indian Industry (CII) from June 2020 until May 2021. Mr. Kotak was on the International Advisory Board of the Government of Singapore Investment Corporation. From October 2018 to April 2022, he served as the Non-Executive Chairman of a specially constituted board of Infrastructure Leasing and Financial Services Limited (“IL&FS”) (a state-funded non-banking financial company) by the Government of India to steer IL&FS out of a deep crisis, which he served as his national duty. In 2017, a Committee on Corporate Governance constituted by SEBI under the leadership of Mr. Kotak recommended sweeping changes towards more robust and transparent corporate governance.
Independent Director
Mr. Uday Shankar is the former Executive Chairman of Star India and President of Disney, Asia-Pacific ("APAC") region, where he excelled at creating not just the biggest media enterprise in the region but was also a pioneer of the digital media revolution across the region. He is the visionary creator of some of the world’s most successful digital services such as Hotstar and JioCinema that have become the mobile models for the entire world. He is also the Vice Chairperson on the Board of the merged entity, JioStar. The tech stacks created under his leadership still remain the go-to model for mobile heavy, large scale markets, which are now being adopted by media companies around the world. He is known to have created talent nurseries at a time when the industry was still in its nascent stage in India and the developing world.
Mr. Shankar is an acclaimed entrepreneur, executive, technologist experienced in building scalable web applications, leveraging a wide range of technologies. In the world of consumer digital products and initiatives, over the last three decades, he has been instrumental in introduction of technologies, integrating cloud infrastructure and content delivery networks to ensure high availability and low latency of millions of users globally and has helped deliver high-quality world class products.
Mr. Shankar’s adept working in agile environments and leading teams to solve complex problems through innovative technology solutions, brings a unique blend of strategic vision, operational expertise and digital innovation to the forefront. Besides building businesses, he has also trained professionals who are currently running some of the largest technology companies.
Independent Director
Dr. Ashok Gulati, M.A. and Ph.D. from the Delhi School of Economics, is a Distinguished Professor at the Indian Council for Research on International Economic Relations (ICRIER). Prior to this, he was the Chairman of the Commission for Agricultural Costs and Prices (CACP) from 2011 to 2014 and was Director at the International Food Policy Research Institute (IFPRI) for over a decade (2001–11). He has also been an Independent Director on the boards of the Reserve Bank of India (RBI), NABARD, and NCDEX. Currently, he serves on the Eleventh Audit Advisory Board of the Comptroller and Auditor General of India. Dr. Gulati was the youngest member of the Economic Advisory Council to Prime Minister Atal Bihari Vajpayee (late) and has advised the governments of Andhra Pradesh and Karnataka. For his contributions in agricultural economics and policy, the President of India honoured him with the 'Padma Shri’ award in 2015. He has authored 20 books and written extensively in national newspapers.
Dr. Gulati is also an Independent Director on the Board of Godrej Agrovet Limited.
Independent Director
Ms. Ashu Suyash is a successful leader, with over three decades of experience across banking, investment management and the global information services sectors. As the Founder & CEO of Colossa Ventures LLP ("Colossa Ventures"), she leverages her extensive expertise to foster innovative startups, drive growth, and sponsor diversity within the venture capital ecosystem. Her strategic vision and business acumen have been honed through a distinguished career of leading Indian and multinational enterprises, setting up and scaling new businesses and driving transformation and change.
Prior to founding Colossa Ventures, Ms. Suyash was the Managing Director & CEO of CRISIL Limited ("CRISIL") and a member of the Global Operating Committee of S&P Global Inc. She played a pivotal role in enabling CRISIL consolidate its ratings leadership position in India, grow globally and transform to become a leading Global analytics company.
Ms. Suyash’s previous roles were as CEO of L&T Investment Management Limited and as the Country Head and Managing Director of Fidelity’s Indian Mutual Fund Business, a business she helped set up and grow. She started her career with Citibank India, where she held several key positions across their corporate and investment banking group.
Non-Executive Director
Mr. Amit Desai, B. Com., LL.B., is a lawyer, with several decades of experience.
Mr. Amit Desai is a Board Member of Kotak Mahindra Trustee Company Limited, a wholly-owned subsidiary of the Bank.
Deputy Managing Director
Ms. Shanti Ekambaram is a Commerce Graduate, a Chartered Accountant and a Cost and Works Accountant. She is responsible for the growth of Kotak811, Treasury and Global Markets businesses, in addition to overseeing the functions of Group Marketing & Corporate Communications, Internal Vigilance, Internal Audit (administrative matters), Public Affairs, Corporate Social Responsibility and Environmental, Social and Governance. She is also responsible for the Group’s institutional customers, leveraging her extensive experience and strategic insights to drive the growth of this segment including oversight of the Investment Bank and Institutional Equities business. Prior to her current role, she led the Consumer Banking business at the Bank from April 2014 to May 2022.
Ms. Ekambaram has been associated with Kotak Mahindra Group for over 30 years and has rich and varied experience across retail and wholesale banking. She has been responsible for successfully setting up and scaling several business units including the Consumer Bank, Corporate and Investment Banking. She is also part of the Group Management Council that drives Kotak Mahindra Group’s growth charter.
Independent Director
Mr. Eli Leenaars has over 35 years of experience in the financial services sector, covering institutional & investment banking, asset management, corporate & retail banking and life & general insurance. With a track-record in digital banking, Mr. Leenaars has experience in managing businesses through a wide range of matters including mergers & acquisitions, complex corporate restructurings, strategic initiatives and challenging financial environments.
Mr. Leenaars enjoyed a 24-year career (since 1991) at ING Group N.V., a Dutch multinational banking and financial services company and its various subsidiaries. He held numerous key management positions in Central & Eastern Europe, The United States of America, Latin America and Asia. Between 2004 and 2015, Mr. Leenaars was a member of ING’s Executive Board with responsibility for ING’s Global Retail & Private Banking operations and Group Technology and Operations. This also included him serving from 2010 until 2015 as CEO of ING Direct N.V., at the time the world’s largest digital bank.
Independent Director
Ms. Ketaki Bhagwati serves various entities as an Independent Director and Senior Advisor, providing leadership in strategy, business development, operations, governance and financial, credit and risk management. Besides being an Independent Director of the Bank,
Ms. Bhagwati currently holds the position of an Independent Director on the Board of TU CIBIL Limited where she chairs the Risk Management Committee and contributes to the Audit, Customer Service and Nomination and Remuneration Committees. Additionally, she acts as a Senior Advisor to the Board of KPMG India Pvt. Limited. She is also a member of the Investment Committee at Encourage Capital, a US-based impact fund focused on investments in India. She actively supports women leaders in business as a member of the Wellesley College Business Leadership Council.
Previously, Ms. Bhagwati served as an Independent Director on the Boards of Axis Bank Limited, Bayer Cropscience (India) Limited and Omniactive Technologies Private Limited. She was also a Nominee Director on the Board of Tikona Infinet Private Limited.
Prior to her board roles, Ms. Bhagwati held the position of Chief Investment Officer in the Financial Institutions Group at the International Finance Corporation (“IFC”) where she worked for nearly twenty-five years, specializing in private equity, mergers & acquisitions, debt & structured finance and distressed asset workouts across various sectors in Asia, the Middle East and Africa. Before joining IFC, she worked at CRISIL Limited in Mumbai.
Executive Director - Whole-time Director
Mr. Jaideep Hansraj, a Commerce graduate, is associated with the Kotak Mahindra Group since 1993 and quickly rose through the ranks. He oversees the Affluent customer segment and the Human Resource function, aiming to enhance service offerings and drive the People agenda. Additionally, as the head of 'One Kotak', he promotes collaboration across the Bank and its subsidiaries.
Prior to joining the Bank, Mr. Hansraj was the Managing Director and CEO of Kotak Securities Limited (a Wholly-Owned Subsidiary of the Bank), focusing on digitization and innovation, which led to significant business improvements. Before that, he was the Chief Executive Officer of Kotak Mahindra International Limited (a Wholly-Owned Subsidiary of the Bank) and later led Kotak Securities' private client function. In 2004, he moved to build the Wealth Management portfolio at the Bank, earning numerous accolades, including being ranked No. 1 in the Asian Private Banker's India 2017 AUM League Table.
Whole–time Director (Executive Director)
Mr. Paritosh Kashyap is a Commerce Graduate, Chartered Accountant and Cost & Works Accountant. With over 30 years of experience in the Banking and Financial Services in the Kotak Mahindra Group, Mr. Kashyap has held various key roles, including as the Group President and Business Head – Wholesale Banking Group and a Senior Management Personnel of the Bank. During his tenure, he has spearheaded and grown to scale, a number of businesses in the Kotak Group. He is a member of the Group Management Council, which drives the Kotak Mahindra Group’s growth charter.
During his early part of the career, he built the Debt Capital Market (“DCM”) Business. Under his leadership, the Bank has achieved a strong position in the DCM Business.
Our Group Management Council comprises some of the most prominent leaders in the world of finance. It is responsible for driving and overseeing Kotak Mahindra Group’s growth charter.
Managing Director & CEO
Mr. Ashok Vaswani has a proven track record spanning three and a half decades, initially at Citigroup and thereafter, at Barclays, of building and growing global businesses at scale, nurturing winning teams, establishing transformational partnerships, leveraging forward leaning technology, with a compelling business vision to deliver strong bottom-line growth. He brings with him significant executional experience with high degree of compliance and industrial strength across Corporate and Consumer businesses.
Mr. Vaswani was Chief Executive Officer of Barclays Bank, UK and subsequently CEO of their Global Consumer, Private, Corporate and Payments businesses and Member of the Group Executive Committee. Earlier, he was CEO Citigroup Asia Pacific and Member of the Citigroup Global Operating & Management Committees. Mr. Vaswani also built and ran various country and regional businesses across geographies. He also held position as President of Pagaya Technologies Ltd, a US-Israeli AI Fintech.
Ashok VaswaniManaging Director & CEO
Shanti Ekambaram
Deputy Managing Director – Kotak Mahindra Bank
Shanti Ekambaram is Deputy Managing Director at Kotak Mahindra Bank. In her current role, she is responsible for the growth of Kotak 811, Treasury and Global Markets businesses in addition to overseeing the functions of Group Marketing & Corporate Communications, Internal Vigilance, Internal Audit (administrative matters), Public Affairs, Corporate Social Responsibility and ESG. Shanti is also responsible for the Group’s institutional customers, leveraging her extensive experience and strategic insights to drive the growth of this segment including oversight of the Investment Bank and Institutional Equities business.
Prior to her current role, Shanti served as Whole-time Director from May 2022 upto Feb 2024 and led the Consumer Banking business at Kotak Mahindra Bank from April 2014 to May 2022.
Devang Gheewalla
Group Chief Financial Officer – Kotak Mahindra Bank
Devang Gheewalla is the Group Chief Financial Officer at Kotak Mahindra Bank Limited. In his current role, Devang is responsible for Group Finance, Taxation, Strategy, Investor Relations, and Operations, driving operational excellence and strategic growth.
Devang has been associated with the Kotak Mahindra Group for over 20 years and has been an integral part of the Key Leadership Team (KLT) since 2016. As Group CFO, he is also part of the Bank’s Group Management Council, which drives Kotak Mahindra Group’s growth charter. Devang has been an influential force at the bank, bringing innovation and strategic acumen, and is carrying forward the rich legacy of prudent corporate governance, sound risk management, and ethical practices. His leadership has been instrumental in positioning the bank as a dynamic and forward-thinking institution in the financial sector.
Oisharya Das
CEO - Kotak Private Banking
Oisharya Das heads the Private Banking business at Kotak Mahindra Bank Ltd., and has been an integral part since its inception. She has played an important role in the growth of the business, both in India and overseas. She is part of the Bank’s Group Management Council that drives and oversees Kotak Mahindra Group’s growth charter. Prior to taking over as CEO, Oisharya was the National Director where she spearheaded client relations at a national level, and established the non-resident business as well.
S Ramesh
Group President & Managing Director & CEO - Kotak Investment Banking
S Ramesh joined the Kotak Mahindra Group in 1995 and has been instrumental in spearheading investment banking division in his two and a half decade association with the Kotak Group. Ramesh is part of the Group Management Council. Under his leadership, Kotak Investment Banking has established and reinforced its standing as a pioneer and leader in the Indian equity capital markets. As the head of the equity financing business at Kotak Investment Banking, he is credited with building the franchise of the firm and guiding it to a position of strength.
S. Sriniwasan
Managing Director,
Kotak Alternate Asset Managers Limited (KAAML)
S. Sriniwasan (Srini) joined the Kotak Mahindra Group in 1993 and currently heads Kotak Alternate Asset Managers Limited (KAAML) , a wholly owned subsidiary of Kotak Mahindra Bank. Srini has played a crucial role in setting up and building the Alternate Assets business at KIAL
Srini also oversees Kotak Private Equity, Kotak Infrastructure Funds, Kotak Special Opportunities Fund and Kotak Listed Equities. As one of the earliest fund managers to raise and invest capital in India, Srini has introduced significant financing, financial structuring and negotiating skills in the alternate assets industry.
Nilesh Shah
Managing Director, Kotak Mahindra Asset Management Company
Nilesh Shah is Managing Director of Kotak AMC. Nilesh lead his team to the Best Fund House of the Year Award at all the mutual funds where he has worked viz. Kotak, ICICI Prudential and Franklin Templeton Mutual Fund. Nilesh is a part time member of the Economic Advisory Council to the Prime Minister. He is a member of the Board of Association of Mutual Funds in India and a Member of COBOSAC committee of SEBI. Nilesh is also President of India’s oldest Chamber of Commerce viz. Bombay Chamber of Commerce and Industry in the city of Mumbai.
Manish Kothari
Group President & Head – Commercial Banking, Kotak Mahindra Bank Limited
Manish Kothari is Group President & Head – Commercial Banking at Kotak Mahindra Bank Limited. In his current role, he is responsible for the growth of the Commercial Bank which encompasses five large business segments, viz., Agri Business – MSME & Corporates; Rural – Tractor & Crop Loans; Logistics and Infra – CV, CE Loans and Working Capital; Microcredit and Gold Loans. The Commercial Bank has built a strong footprint across majority of the districts in India and its customers have a good semi-urban and rural presence; lending itself to financial inclusion and priority sector fulfilment goals for the bank.
Read more
Vyomesh Kapasi
Head – Products, Consumer Bank - Kotak Mahindra Bank
Vyomesh Kapasi, as the Head of Products for the Consumer Bank at Kotak Mahindra Bank, plays a pivotal role in steering the bank's transformation into a customer-centric, digital-first institution. He is responsible for redefining the bank’s product strategy and oversees a wide range of offerings, including Liabilities, Consumer Assets, Investments, and Insurance. Additionally, he is responsible for driving strategic initiatives across the group, leveraging his extensive experience and deep understanding of the financial landscape.
Prior to his current role, Vyomesh Kapasi was MD & CEO of Kotak Mahindra Prime Limited from December 2016 to February 2025 – a subsidiary of Kotak Mahindra Bank, which is into vehicle finance. Under his stewardship, Kotak Prime grew rapidly and emerged as a leading consumer vehicle financier.
Jaideep Hansraj
Whole-time Director (Executive Director) - Kotak Mahindra Bank
Jaideep Hansraj is the Whole-time Director (Executive Director) at Kotak Mahindra Bank. He oversees the Affluent customer segment and the Human Resource function, aiming to enhance service offerings and drive the People agenda. Additionally, as the head of ‘One Kotak’, he promotes collaboration across the Bank and its subsidiaries.
Previously, Jaideep was the Managing Director and CEO of Kotak Securities Limited, focusing on digitization and innovation, which led to significant business improvements. Before that, he was the Chief Executive of Kotak Mahindra International Ltd. and later led Kotak Securities’ private client function. In 2004, he moved to build the Wealth Management portfolio at the Bank, earning numerous accolades, including being ranked #1 in the Asian Private Banker’s India 2017 AUM League Table.
Paritosh Kashyap
Whole–time Director (Executive Director) - Kotak Mahindra Bank Limited
Mr. Paritosh Kashyap is a Commerce Graduate, Chartered Accountant and Cost & Works Accountant. With over 30 years of experience in the Banking and Financial Services in the Kotak Mahindra Group, Mr. Kashyap has held various key roles, including as the Group President and Business Head – Wholesale Banking Group and a Senior Management Personnel of the Bank. During his tenure, he has spearheaded and grown to scale, a number of businesses in the Kotak Group. He is a member of the Group Management Council, which drives the Kotak Mahindra Group’s growth charter.
During his early part of the career, he built the Debt Capital Market (“DCM”) Business. Under his leadership, the Bank has achieved a strong position in the DCM Business.
Mr. Eli Leenaars has over 35 years of experience in the financial services sector, including institutional & investment banking, asset management, corporate & retail banking and life & general insurance. A respected expert on the future of digital banking, Mr. Leenaars has experience in managing businesses through a wide range of matters including mergers & acquisitions, complex corporate restructurings, strategic initiatives and challenging financial environments.
Mr. Leenaars enjoyed a 24-year career (since 1991) at ING Group N.V., a Dutch multinational banking and financial services company and various of its subsidiaries and held numerous key management positions, including as Chairman of ING Poland (1997-1999), Chairman & CEO of ING Latin America (1999-2002) and Chairman & CEO of ING Central & Eastern Europe (2003-2004). Between 2004 and 2015, Mr. Leenaars was member of ING’s Executive Board with responsibility for ING’s Global Retail & Private Banking operations and Group Technology and Operations. This also included him serving from 2010 until 2015 as CEO of ING Direct N.V., at the time the world’s largest digital bank.
From April 2015 to May 2021, Mr. Leenaars served as Group Managing Director at UBS Group AG, a Swiss multinational investment bank and financial services company and as Vice-Chairman of the Global Wealth Management Division, based in Zurich.
Mr. Leenaars has served as Group Chief Operating Officer of Quintet Private Bank, a medium-sized Luxembourg-headquartered bank and wealth manager with operations in 6 European countries, from June 2021 to April 2024, based in Luxembourg.
Since January 2019, Mr. Leenaars is a Board Member of Capital One Financial Corporation, a major US bank, headquartered in McLean, Virginia, USA, with operations primarily in the USA.
Since 2009, Mr. Leenaars is a member of the European and the Global Executive Committee of the Trilateral Commission (Paris, Tokyo and Washington, DC) and was its Treasurer, between 2009 to 2022.
Mr. Leenaars has completed LL.M. from the Catholic University Nijmegen, Netherlands and the European University Institute, Florence, Italy and attended the Program for Management Development (PMD) at Harvard Business School, Boston, USA.
Mr. Uday Kotak is the Founder and Director of the Bank. He was the Managing Director & CEO of the Bank till September 2023, prior to becoming Non-Executive Director. He has played an important role in the growth of the Kotak Mahindra group over the past 38 years. Under his leadership, the Kotak Mahindra group has emerged as one of India’s leading diversified and integrated financial services conglomerates, providing a range of financial solutions covering banking, asset management, alternate asset management, life and general insurance, stock broking, investment banking, private banking, microcredit and asset reconstruction.
He has played an important role in defining and developing India’s banking & financial sector over three decades. Mr. Kotak leads several key bodies and is currently Co-Chairman of the Indo-UK Financial Partnership (IUKFP) and Chairman of the Insolvency & Bankruptcy Board of India’s advisory committee on Corporate Insolvency and Liquidation. Mr. Kotak is a member of the Global Advisory Board of the Government of Singapore Investment Corporation (GIC). He was earlier a member of the International Advisory Panel of Monetary Authority of Singapore. He was also the President of the Confederation of Indian Industry (CII) from June 2020 until May 2021. From October 2018 to April 2022, Mr. Kotak also served as Non-Executive Chairman of a specially constituted board of Infrastructure Leasing and Financial Services Limited ("IL&FS") (a state-funded non-banking financial company) by the Government of India to steer IL&FS out of a deep crisis, which he served as his national duty. In 2017, a Committee on Corporate Governance constituted by SEBI under the leadership of Mr. Kotak recommended sweeping changes towards more robust and transparent corporate governance.
Mr. Kotak is the recipient of many accolades, including the ‘EY World Entrepreneur of the Year Award’ in 2014, ‘India Business Leader of the Year’ by CNBC-TV18 at the India Business Leader Awards 2021, Life Time Achievement Award at BT-KPMG Best Banks Awards 2023, Life Time Achievement award for Management at AIMA Awards 2023 and Institution Builder award at Forbes India Awards 2024.
Mr. Kotak holds a Bachelor’s degree in Commerce and a MMS degree from Jamnalal Bajaj Institute of Management Studies, Mumbai.
Mr. Ashok Vaswani has a proven track record spanning three and a half decades, initially at Citigroup and, thereafter, at Barclays, of building and growing global businesses at scale, nurturing winning teams, establishing transformational partnerships, leveraging forward leaning technology, with a compelling business vision to deliver strong bottom-line growth. He brings with him significant executional experience with high degree of compliance and industrial strength across financial services.
Mr. Vaswani was Chief Executive Officer of Barclays Bank, UK and subsequently CEO of their Global Consumer, Private, Corporate and Payments businesses and Member of the Group Executive Committee. Earlier, he was CEO Citigroup Asia Pacific and Member of the Citigroup Global Operating & Management Committees. Mr. Vaswani also built and ran various country and regional businesses across geographies. He also held position as President of Pagaya Technologies Ltd, a US-Israeli AI Fintech.
Mr. Vaswani supports various philanthropic organisations, including Pratham and Lend-A-Hand.
He has been on the board of several prestigious institutions such as, London Stock Exchange Group, The Forward Institute, UK, Former Trustee, Citizens Advice Bureau, Former Chairman, Retail Committee, British Bankers Association, Former Chairman of the Board, Entercard, Former Board member, SP Jain Institute of Global Management, UK, Former Board member, Telenor, Former Board Member of VISA Asia Pacific and VISA, UK, Former Director and Member of the Audit and Technology Committee for Barclays Africa Group Ltd and Former Director, UK Finance.
Mr. Vaswani is a Bachelor of Commerce, Economics and Accountancy from the Sydenham College of Commerce and Economics (Bombay University), Chartered Accountant from the Institute of Chartered Accountants of India, Company Secretary from the Institute of Company Secretaries of India and received Executive Education from the Stanford University Graduate School of Business.
Uday Shankar is the former Executive Chairman of Star India and President of Disney, APAC region, where he excelled at creating not just the biggest media enterprise in the region but was also a pioneer of the digital media revolution across the region. He is the visionary creator of some of the world’s most successful digital services such as Hotstar and JioCinema that have become the mobile models for the entire world.
The tech stacks created under his leadership still remain the go-to model for mobile heavy, large scale markets, which are now being adopted by media companies around the world. He is known to have created talent nurseries at a time when the industry was still in its nascent stage in India and the developing world.
Uday Shankar is a acclaimed entrepreneur, executive, technologist experienced in building scalable web applications, leveraging a wide range of technologies. In the world of consumer digital products and initiatives, over the last three decades, he has been instrumental in introduction of technologies, integrating cloud infrastructure, and content delivery networks to ensure high availability and low latency of millions of users globally and has helped deliver high-quality world class products.
Uday Shankar’s adept working in agile environments and leading teams to solve complex problems through innovative technology solutions, brings a unique blend of strategic vision, operational expertise and digital innovation to the forefront. Besides building businesses, he has also trained professionals who are currently running some of the largest technology companies.
Uday Shankar integrated Hotstar into the Star, and was deeply involved in all aspects of technology i.e. design, speed, capacity, hardware, software, cyber-security, fall back mechanism, Nil or minimum disruption, protection of customer information & content, commercial aspects of charging etc, besides serving as a mentor and providing guidance and feedback on product development, design, tech and innovation roadmap and recruiting the entire leadership, attracting and building talent from the globally-known tech companies. Under his leadership Star transformed into the region’s leading company and led multiple large scale digital initiatives, data driven content strategies and technology integrations which helped scale businesses.
He is credited with pioneering the streaming revolution in India and the APAC region which was possible only using latest technology where diverse content was made available more than 500 million users. Beyond his corporate roles, Uday Shankar is also the first media executive to be the President of the Federation of Indian Chambers of Commerce and Industry (FICCI). He is associated with the US-India Strategic Partnership Forum (USISPF) and his social initiatives include Malaria No More (MNM).
After a distinguished corporate journey, Uday Shankar turned entrepreneur in 2021. He launched Bodhi Tree Systems, as a founder director, to use technology to redefine consumer sectors that represent significant opportunities but suffer from a lack of capital and innovation—media, education and healthcare.
Uday Shankar’s exceptional accomplishments have earned him numerous honours. Recognized by Forbes India as the “Best CEO (MNC)” for 2015 and named “Entrepreneur of the Year (Entrepreneurial CEO)” by EY for 2016, his achievements resonate widely. His inclusion in distinguished listings like the Indian Express’ “100 Most Powerful Indians” and India Today’s “50 Most Powerful People in India” reinforces his impact. Moreover, he was named the “Impact Person of the Decade – Media” by Impact Magazine.
Uday Shankar holds a Masters in Philosophy (M. Phil.) and Master of Arts (M. A.) Honors from Jawaharlal Nehru University.
Manish Kothari
Group President & Head – Commercial Banking, Kotak Mahindra Bank Limited
Manish Kothari is Group President & Head – Commercial Banking at Kotak Mahindra Bank Limited. In his current role, he is responsible for the growth of the Commercial Bank which encompasses five large business segments, viz., Agri Business – MSME & Corporates; Rural – Tractor & Crop Loans; Logistics and Infra – CV, CE Loans and Working Capital; Microcredit and Gold Loans. The Commercial Bank has built a strong footprint across majority of the districts in India and its customers have a good semi-urban and rural presence; lending itself to financial inclusion and priority sector fulfilment goals for the bank.
Prior to his current role, Manish led the Corporate Banking business of the Bank where he played a key role in setting up the Bank’s franchise in all customer segments of Corporate Banking, viz., Conglomerates, Large Corporates, Mid Corporates, SMEs, E-Commerce/Start-ups (New Age Cos.), Credit Light Corporates and Supply Chain of Corporates. Under his leadership, the Corporate Banking franchise expanded at a rapid pace, with exponential growth in advances, multi-fold growth in revenues and growth across geographies and industry segments.
He has been associated with the Kotak Mahindra Group for close to 30 years and has been a part of the Key Leadership Team (KLT) for the past 15 years. He is also part of the Bank’s Group Management Council that drives Kotak Mahindra Group’s growth charter. Manish is a Non-Executive Director on the Boards of BSS Microfinance Private Limited and Sonata Finance Private Limited.
Manish considers himself a professional entrepreneur and is passionate about building businesses, with a sharp focus on execution. He is analytical and detail-oriented, while keeping the big picture in sight and likes to lead from the front.
Manish is a metallurgical engineering graduate from the Visvesvaraya National Institute of Technology, Nagpur where he topped the University. He then completed his PGDBM from XLRI, Jamshedpur, specialising in both Finance & Marketing. Before his post-graduation, he worked for a couple of years with Larsen & Toubro Limited as a graduate engineer trainee. In his free time, Manish unwinds by reading and listening to music.
Shanti Ekambaram
Deputy Managing Director, Kotak Mahindra Bank Ltd.
Shanti Ekambaram is Deputy Managing Director at Kotak Mahindra Bank. In her current role, she is responsible for the growth of Kotak 811, Treasury and Global Markets businesses in addition to overseeing the functions of Group Marketing & Corporate Communications, Internal Vigilance, Internal Audit (administrative matters), Public Affairs, Corporate Social Responsibility and ESG. Shanti is also responsible for the Group’s institutional customers, leveraging her extensive experience and strategic insights to drive the growth of this segment including oversight of the Investment Bank and Institutional Equities business.
Prior to her current role, Shanti served as Whole-time Director from May 2022 upto Feb 2024 and led the Consumer Banking business at Kotak Mahindra Bank from April 2014 to May 2022.
Shanti has been associated with Kotak Mahindra Group for over 30 years and has rich and varied experience across retail and wholesale banking. She has been responsible for successfully setting up and scaling several business units including the Consumer Bank, Corporate and Investment Banking. She is also part of the Bank’s Group Management Council that drives Kotak Mahindra Group’s growth charter.
Before joining Kotak Mahindra Group, Shanti had a short stint with Bank of Nova Scotia - the Canadian International Bank, with their corporate banking and treasury division.
Shanti is on the board of Indian Institute of Management – Bangalore (IIM-B). She was a member of the FICCI National Committee on Banking for 2021-22.
Business Today, one of India’s leading business magazines, has recognised Shanti as one of the ‘Most Powerful Women in Indian Business’ (2013-2017, 2019 and 2020). Fortune India has featured Shanti as one of the 50 Most Powerful Women in Business in India( 2016-2020 and 2023). Shanti received the “CA Business Leader” award from the Institute of Chartered Accountants of India in the “Large Corporate – BFSI” category in 2020.She was listed by ET x Femina among the Promising Women Leaders of India 2022.
Shanti is a certified Chartered Accountant and Cost Accountant.
Shanti is a dedicated philanthropist who actively supports multiple NGOs. She regularly participates in marathons across the country, using these events to raise funds for causes she cares about. Over the years, she has been recognised for her significant fundraising efforts, particularly at the Mumbai Marathon, where she has received several accolades for her contributions.
Paritosh Kashyap
Whole–time Director (Executive Director) - Kotak Mahindra Bank Limited
Mr. Paritosh Kashyap is a Commerce Graduate, Chartered Accountant and Cost & Works Accountant. With over 30 years of experience in the Banking and Financial Services in the Kotak Mahindra Group, Mr. Kashyap has held various key roles, including as the Group President and Business Head – Wholesale Banking Group and a Senior Management Personnel of the Bank. During his tenure, he has spearheaded and grown to scale, a number of businesses in the Kotak Group. He is a member of the Group Management Council, which drives the Kotak Mahindra Group’s growth charter.
During his early part of the career, he built the Debt Capital Market (“DCM”) Business. Under his leadership, the Bank has achieved a strong position in the DCM Business. In July 2022, Mr. Kashyap took charge of the Wholesale Banking business at the Bank which includes among others, Corporate & SME Banking, Structured Finance, Infrastructure Lending, the Banking and Financial Institutions Group, Debt Capital Markets, Custody, GIFT City, Trade and Transaction Banking businesses. Prior to this, he was responsible for Large Corporate business, Real Estate Lending, Structured Finance, Infrastructure, Banking & Financial Institutions Group and Debt Capital Markets businesses. In the past, he has held the position as the Managing Director & CEO of Kotak Mahindra Investments Limited and has been instrumental in building the Real Estate and Structured Lending business and creating a name for the firm. Both, the Real Estate and Structured Lending businesses, are today Centres of Excellence for the Bank. Mr. Kashyap has extensive experience dealing with Large Corporates and NBFCs and advising them on capital structuring, financing and securitization. He has originated, structured and led many structured financing transactions, including acquisition financing, sponsor financing, securitization, cross border, high yield credit, etc. In his role as the Head of the Wholesale Bank, Mr. Kashyap has been driving a number of initiatives aimed towards excellence, including increasing usage of data and analytics, building a granular customer base, focusing on increasing share of Trade and Transaction Banking with corporate customers, enhancing the technology profile of the business, achieving growth without compromising on quality and health of the book and driving higher profitability and ATROE amongst others.
Mr. Kashyap is also a Director on the Boards of Kotak Infrastructure Debt Fund Limited and Kotak Mahindra Investments Limited.
Devang Gheewalla
Group Chief Financial Officer, Kotak Mahindra Bank Ltd.
Devang Gheewalla is the Group Chief Financial Officer at Kotak Mahindra Bank Limited. In his current role, Devang is responsible for Group Finance, Taxation, Strategy, Investor Relations, and Operations, driving operational excellence and strategic growth.
Devang has been associated with the Kotak Mahindra Group for over 20 years and has been an integral part of the Key Leadership Team (KLT) since 2016. As Group CFO, he is also part of the Bank’s Group Management Council, which drives Kotak Mahindra Group’s growth charter. Devang has been an influential force at the bank, bringing innovation and strategic acumen, and is carrying forward the rich legacy of prudent corporate governance, sound risk management, and ethical practices. His leadership has been instrumental in positioning the bank as a dynamic and forward-thinking institution in the financial sector.
He joined Kotak Mahindra Bank Limited as the Internal Audit Head and was also the Bank's Financial Controller for over 10 years. He was a key member of the team responsible for the acquisition and integration of ING Vysya Bank with Kotak Mahindra Bank.
Prior to joining Kotak in 2004, Devang was an Associate Director at KPMG in India for a decade, where he was part of assurance and advisory services.
Devang is a Commerce graduate from Mumbai University. He is also a qualified Chartered Accountant and a Cost Accountant.
Beyond work, Devang is a singer and often unwinds by singing popular yesteryear melodies. In his leisure time, he enjoys traveling to explore new destinations and has a keen interest in wildlife.
Vyomesh Kapasi
Head – Products, Consumer Bank - Kotak Mahindra Bank
Vyomesh Kapasi, as the Head of Products for the Consumer Bank at Kotak Mahindra Bank, plays a pivotal role in steering the bank's transformation into a customer-centric, digital-first institution. He is responsible for redefining the bank’s product strategy and oversees a wide range of offerings, including Liabilities, Consumer Assets, Investments, and Insurance. Additionally, he is responsible for driving strategic initiatives across the group, leveraging his extensive experience and deep understanding of the financial landscape.
Prior to his current role, Vyomesh Kapasi was MD & CEO of Kotak Mahindra Prime Limited from December 2016 to February 2025 – a subsidiary of Kotak Mahindra Bank, which is into vehicle finance. Under his stewardship, Kotak Prime grew rapidly and emerged as a leading consumer vehicle financier.
Vyomesh began his career with Eureka Forbes Ltd where he worked from 1987 to 1994. He joined Kotak Mahindra Finance’s car finance division in 1994. He has been associated with the Kotak Mahindra Group for close to 31 years and has worked at various senior management positions at the erstwhile Kotak Mahindra Primus Limited and Kotak Mahindra Bank.
Vyomesh is a member of the Key Leadership Team (KLT) and the Group Management Council that drives Kotak Mahindra Group’s growth charter.
Vyomesh is a graduate from H. A. College of Commerce, Ahmedabad. He is an avid listener of classical Indian music and enjoys theatre.
Jaideep Hansraj
Whole-time Director (Executive Director) - Kotak Mahindra Bank
Jaideep Hansraj is the Whole-time Director (Executive Director) at Kotak Mahindra Bank. He oversees the Affluent customer segment and the Human Resource function, aiming to enhance service offerings and drive the People agenda. Additionally, as the head of ‘One Kotak’, he promotes collaboration across the Bank and its subsidiaries.
Previously, Jaideep was the Managing Director and CEO of Kotak Securities Limited, focusing on digitization and innovation, which led to significant business improvements. Before that, he was the Chief Executive of Kotak Mahindra International Ltd. and later led Kotak Securities’ private client function. In 2004, he moved to build the Wealth Management portfolio at the Bank, earning numerous accolades, including being ranked #1 in the Asian Private Banker’s India 2017 AUM League Table.
Jaideep joined the Kotak Mahindra Group in 1993 and quickly rose through the ranks. He is part of the Bank's Group Management Council.
Outside of work, Jaideep enjoys cycling, Indian and Classical music, and traveling.
The Board has constituted several committees to deal with specific matters as well as delegated powers to them for carrying out various activities for effective functioning of the company. The Audit Committee and Stakeholders Relationship Committee have been constituted in accordance with the guidelines issued by the Reserve Bank of India, Securities and Exchange Board of India read with requirements of the Companies Act, 2013. In addition to these, the Board has also set up additional committees such as Nomination & Remuneration Committee, Share Transfer and Other Matters Committee (STOM), Special Committee of the Board for monitoring and follow-up of Frauds (erstwhile Committee on Frauds), Customer Service Committee, Corporate Social Responsibility Committee, Risk Management Committee, Group Risk Management Committee ESOP Allotment Committee, Review Committee for classification and declaration of borrowers as wilful defaulters, Management Committee and Committee on Derivative Products.
Documents/Reports Review and Financial Reporting Process
Independent Statutory Auditors
Internal Audit Department
Whistleblowing/ Vigil mechanism
Inspections conducted by regulators
Risk Management
Process Improvement
The Stakeholders Relationship Committee of the Bank reviews the complaints received from the shareholders and ensures redressal thereof.
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.
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.
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.
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).
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.
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.
To examine the new product proposals, various parameters and their comprehensive evaluation, before being offered to its customers.
To review such matters as may be delegated to the Committee or as it may deem fit for oversight and governance function
IT Strategy & Digital Payments Promotion Committee has been constituted to ensure effective IT Governance and promotion of digital payments, in line with the relevant guidelines issued by the Reserve Bank of India (including the extant Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices dated November 7, 2023)
Kotak Mahindra Prime Ltd is among India's largest dedicated passenger vehicle finance companies. Kotak Mahindra Prime offers loans for the entire range of passenger cars, multi-utility vehicles and pre-owned cars. Also, on offer are inventory funding and infrastructure funding to car dealers with strategic arrangements via various car manufacturers in India as their preferred financier.
For more information, please visit the Kotak Prime website - https://www.carloan.kotak.com
Kotak Securities is one of the largest broking houses in India with a wide geographical reach. Kotak Securities operations include stock broking and distribution of various financial products including private and secondary placement of debt, equity and mutual funds.
Kotak Securities operates in the below-mentioned main areas of business:
For more information, please visit the Kotak Securities website - http://www.kotaksecurities.com
Board of Directors
Kotak Investment Banking (KMCC) is a full-service investment bank in India offering a wide suite of capital market and advisory solutions to leading domestic and multinational corporations, banks, financial institutions and government companies.
Board of Directors
Kotak Mahindra Life Insurance Company Limited (Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.) has become a 100% subsidiary of Kotak Mahindra Bank Limited with effect from 13th October 2017.
A Company that combines its international strengths and local advantages to offer its customers a wide range of innovative life insurance products, helping them take important financial decisions at every stage in life and stay financially independent. The company has covered over 19 million lives and is one of the fastest growing insurance companies in India.
For more information, please visit the Kotak Life Insurance website - https://insurance.kotak.com
Board of Directors
Kotak Mahindra Investments Limited (KMIL) is a 100% subsidiary of Kotak Mahindra Bank Ltd. The Company is into primary businesses of Financing against securities, Lending to Real Estate Sector, Corporate & other structured Finance and Strategic Investments.
The company is rated AAA by CRISIL indicating high-credit-quality rating with stable outlook. KMIL, with a consolidated book of about 7,000 Crores, has marquee names as clients in its Loans against Shares , Corporate and Structures products business and Corporate Real Estate sector.
Being a part of the Kotak Group, KMIL endeavors to provide strategic solutions to its clients in the areas that it operates in. It enables its customers to pursue ambitious growth strategies and execute value-creating transactions. Its strategy has been of relationship management & penetration, continuous product innovation coupled with tight control on credit quality and effective risk monitoring & management. The Company is well positioned to harness all opportunities that current economic environment offers.
For more information, please visit the Kotak Mahindra Investment website - https://www.kmil.co.in/
Board of Directors
Kotak Mahindra Asset Management Company Limited is the asset manager of Kotak Mahindra Mutual Fund. Kotak Mahindra Asset Management Company Limited offers a complete bouquet of asset management products and services that are designed to suit the diverse risk return profiles of each and every type of investor.
KMAMC and Kotak Mahindra Bank are the sponsors of Kotak Mahindra Pension Fund Ltd, which has been appointed as one of six fund managers to manage pension funds under the New Pension Scheme (NPS).
Board of Directors
Kotak Mahindra Trustee Company Limited acts as the trustee to Kotak Mahindra Mutual Fund.
Board of Directors
Kotak Mahindra Pension Fund Limited (KMPFL), a subsidiary of Kotak Mahindra Bank Ltd (KMBL) was appointed as a Pension Fund Manager (PFM) by the Pension Fund Regulatory and Development Authority (PFRDA).
Board of Directors
This subsidiary of Kotak Mahindra Bank Ltd is registered with the Financial Services Commission-Mauritius. KMIL has a registered office in Mauritius and a representative office in Abu Dhabi .
Board of Directors
KMUK, a 100% subsidiary of Kotak (the parent company), is one of the first firms of Indian origin to be authorized and regulated by the Financial Conduct Authority in the United Kingdom.
KMUK has the registered office in London, with branch offices in Dubai and Singapore. It is the first Indian company to be authorized to operate from its branch in the Dubai International Financial Centre and is regulated by the Dubai Financial Services Authority. It is also regulated by the Monetary Authority of Singapore.
Board of Directors
This subsidiary of Kotak Mahindra Bank Ltd is regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) in the United States. It offers investors in US, an opportunity to invest in India through a range of India specific funds and through facilitating institutional trades through Kotak Securities Limited. KM Inc has its registered office in Delaware and principal business office in New York.
Board of Directors
KMAMS, a 100% subsidiary of Kotak (the parent company), is incorporated in Singapore and serves as the international asset management arm of the Kotak group. KMAMS is authorised and regulated in Singapore by the Monetary Authority of Singapore and holds a Capital Markets License to engage in fund management activities.
Board of Directors
Kotak Alternate Asset Managers Limited (“KAAML”) focuses on the Alternate Assets business. KAAML was set up to bring a sharper focus to Kotak’s alternate assets practice and has raised/managed/advised across different asset classes including Private Equity Funds, Real Estate Funds, Infrastructure Funds, Special Situations Fund, Listed Strategies and Investment Advisory teams, all led by independent investment teams. KAAML is also a registered Investment Advisor and has a digital platform viz. Cherry for various investment solutions.
Board of Directors
Kotak Mahindra Trusteeship Services Limited acts as a trustee to domestic venture capital funds and private equity funds. It also acts as a trustee to estate planning trusts, in which it assists in setting up private trusts for high net worth individuals to achieve their succession and financial planning.
Board of Directors
KIDFL, formerly into forex broking business, was converted into the infrastructure debt financing business after approval from RBI. The regulatory approval for registration as a non-banking financial company from RBI has been received in April 2017.
Board of Directors
IVY Product Intermediaries Ltd is engaged in marketing and distribution of various financial products/services of the Bank
Board of Directors
BSS Microfinance Limited is a Business Correspondent of Kotak Mahindra Bank for providing micro credit products to women belonging to economically disadvantaged sections mainly for income generation activities helping them expand their micro-enterprises, increasing their household income and improving the overall quality of lives of their families.
Board of Directors
KMFSL, registered in Abu Dhabi Global Markets (“ADGM"), United Arab Emirates is regulated by the Financial Services Regulatory Authority (FSRA), the financial services regulator for the ADGM. The Financial Services Permission (“FSP”) issued by FSRA to the firm is 200051. KMFSL offers financial services in and out of the ADGM and is authorized by FSRA to conduct the following regulated activities:
a) Arranging deals in investment
b) Advising on Investments or Credit
c) Insurance intermediation
d) Arranging Custody
e) Arranging Credit
Board of Directors
Kotak Karma Foundation is a company registered under Section 8 of the Companies Act, 2013, as a wholly-owned subsidiary of the Bank for setting up a Centre of Excellence (CoE) of the Bank for furtherance of part of its Corporate Social Responsibility (CSR) initiatives.
Board of Directors
Sonata Finance Private Limited (“Sonata”), a Non-Banking Finance Company – Micro Finance Institution registered with the RBI, is a Business Correspondent, Wholly-Owned Subsidiary of the Bank. Sonata is operating in 10 states through 549 branches and has an Asset Under Management (AUM) of approximately ₹ 2,620 crore
Board of Directors
Overview of the Familiarization Programme conducted for the Independent Director (Ms. Ketaki Bhagwati) of the Bank: Sessions were conducted by the Bank on July 03, 2024 (from 10:00 a.m. to 6:25 p.m.), July 4, 2024 (from 10:00 a.m. to 4:30 p.m.) and July 5, 2024 (from 11:00 a.m. to 5:45 p.m.) to familiarise Ms. Ketaki Bhagwati with the nature of the industry in which the Bank operates. The topics covered were Kotak Group Structure, Financials, Companies Act and LODR (important provisions), Commercial Bank, Human Resources, Consumer Bank, Kotak Securities (Institutional Equities), Investment Banking, Wealth Management, Wholesale Banking, Asset Reconstruction, Treasury, Risk Management, Internal Audit, Asset Management, Kotak Securities (Retail), Information Technology, Customer Service, Digital, CSR & ESG.
Cyber Security Awareness Session was conducted for the Board of Directors on November 14, 2024 from 4:00 p.m. to 5:30 p.m. and January 30, 2025 from 12 noon to 1:00 p.m. by Ernst & Young(E&Y) LLP, India, which was attended by Dr. Ashok Gulati, Ms. Ashu Suyash, Mr. C S Rajan, Mr. Uday Kotak, Mr. Amit Desai, Ms. Ketaki Bhagwati, Mr. Eli Leenaars,
Mr. Ashok Vaswani and Ms. Shanti Ekambaram.
Presentations on critical parameters, such as, Business Strategy, Financial Outlook, Financial Reports and their integrity, risk, compliance, ESG, CSR, Financial Inclusion, Human Resources, Consumer Banking Business, Private Banking, Wholesale Banking Business, Technology and Customer Service were also made to the Directors periodically.
Attendance of Non-Executive Directors (tabular form)
Name of the Non-Executive Director |
Attendance of Directors in the programme |
|||||||||
No. of programmes attended |
No. of hours spent in the programmes attended |
|||||||||
FY 21-22 |
FY 22-23 |
FY 23-24 |
FY 24-25 |
Cumulative |
FY 21-22 |
FY 22-23 |
FY 23-24 |
FY 24-25 |
Cumulative |
|
Farida Khambata@ |
12 |
N.A. |
N.A. |
N.A. |
14 |
24 |
N.A. |
N.A. |
N.A. |
41 |
Prakash Apte |
12 |
6 |
15 |
N.A. |
37 |
16 |
7 |
9 |
N.A. |
53 |
Uday Khanna |
12 |
6 |
23 |
25 |
73 |
16 |
7 |
16 |
20 |
109 |
Uday Shankar |
12 |
5 |
18 |
41 |
81 |
16 |
6 |
12 |
34 |
97 |
Dr. Ashok Gulati |
15 |
6 |
23 |
44 |
88 |
31 |
7 |
16 |
37 |
91 |
Ashu Suyash |
9 |
6 |
23 |
44 |
82 |
23 |
7 |
16 |
37 |
83 |
C S Rajan^ |
N.A. |
9 |
23 |
43 |
75 |
N.A. |
16 |
16 |
36 |
68 |
Eli Leenaars* |
N.A. |
N.A. |
8 |
42 |
50 |
N.A. |
N.A. |
6 |
34 |
40 |
C Jayaram& |
11 |
6 |
23 |
N.A. |
43 |
15 |
7 |
14 |
N.A. |
55 |
Amit Desai |
6 |
9 |
21 |
44 |
80 |
7 |
11 |
14 |
37 |
69 |
Ketaki Bhagwati $ |
N.A. |
N.A. |
N.A. |
40 |
40 |
N.A. |
N.A. |
N.A. |
31 |
31 |
Uday Kotak# |
N.A. |
N.A. |
23 |
44 |
67 |
N.A. |
N.A. |
16 |
37 |
53 |
Note:
@ceased to be a Director and an Independent Director with effect from September 7, 2022
^ appointed as Independent Director with effect from October 22, 2022
* appointed as Independent Director with effect from January 1, 2024
# held position as a Non-Executive Director with effect from September 2, 2023
$ appointed as Independent Director with effect from May 18, 2024
& Ceased to be Director with effect from May 01, 2024
Mr. Eli Leenaars has over 35 years of experience in the financial services sector, covering institutional & investment banking, asset management, corporate & retail banking and life & general insurance. With a track-record in digital banking, Mr. Leenaars has experience in managing businesses through a wide range of matters including mergers & acquisitions, complex corporate restructurings, strategic initiatives and challenging financial environments.
Mr. Leenaars enjoyed a 24-year career (since 1991) at ING Group N.V., a Dutch multinational banking and financial services company and its various subsidiaries. He held numerous key management positions in Central & Eastern Europe, The United States of America, Latin America and Asia. Between 2004 and 2015, Mr. Leenaars was a member of ING’s Executive Board with responsibility for ING’s Global Retail & Private Banking operations and Group Technology and Operations. This also included him serving from 2010 until 2015 as CEO of ING Direct N.V., at the time the world’s largest digital bank.
From April 2015 to May 2021, Mr. Leenaars served as Group Managing Director at UBS Group AG, a Swiss multinational investment bank and financial services company and as Vice-Chairman of the Global Wealth Management Division, based in Zurich.
Mr. Leenaars has served as a Partner & Group Chief Operating Officer of Quintet Private Bank, a medium-sized Luxembourg-headquartered bank and wealth manager with operations in six European countries, from June 2021 to April 2024, based in Luxembourg.
Since 2009, Mr. Leenaars is a member of the European and the Global Executive Committee of the Trilateral Commission (Paris, Tokyo and Washington, DC) and was its Treasurer, between 2009 to 2022. Since 2009, he has held a number of supervisory roles for the Royal Concertgebouw in Amsterdam. Between 2013 and 2015, he was Member of the Board and Treasurer of the Carnegie Foundation in The Hague by Royal Decree.
Mr. Leenaars has completed LL.M. from the Catholic University Nijmegen, Netherlands and the European University Institute, Florence, Italy and attended the Program for Management Development (PMD) at Harvard Business School, Boston, USA
Mr. Leenaars is a Board Member of Capital One Financial Corporation, a major US bank, headquartered in McLean, Virginia, USA, with operations primarily in the USA.
Mr. Uday Kotak is the Founder and Director of the Bank. He has played an important role in the growth of the Kotak Mahindra group over the past 38 years. He was the Managing Director & CEO of the Bank till 1st September, 2023, prior to becoming a Non-Executive Non-Independent Director, with effect from 2nd September, 2023. Under his leadership, the Kotak Mahindra group has emerged as one of India’s leading diversified and integrated financial services conglomerates, providing a range of financial solutions covering banking, asset management, alternate asset management, life and general insurance stock broking, investment banking, private banking, microfinance and asset reconstruction.
He has played an important role in defining and developing India’s banking and financial sector over three decades. Mr. Kotak leads several key bodies and is currently Co-Chairman of the Indo-UK Financial Partnership (IUKFP). He was on the International Advisory Panel of Monetary Authority of Singapore until December 2023 and was President of the Confederation of Indian Industry (CII) from June 2020 until May 2021. Mr. Kotak was on the International Advisory Board of the Government of Singapore Investment Corporation. From October 2018 to April 2022, he served as the Non-Executive Chairman of a specially constituted board of Infrastructure Leasing and Financial Services Limited (“IL&FS”) (a state-funded non-banking financial company) by the Government of India to steer IL&FS out of a deep crisis, which he served as his national duty. In 2017, a Committee on Corporate Governance constituted by SEBI under the leadership of Mr. Kotak recommended sweeping changes towards more robust and transparent corporate governance.
Mr. Kotak was recently honoured with the ‘Lifetime Achievement Award’ at the Mint India Investment Summit 2025 and the ‘Lifetime Achievement Award’ by CNBC-TV18 at the India Business Leader Awards 2023. In the past, he has been a recipient of the ‘Ernst & Young World Entrepreneur of the Year Award’ in 2014, ‘Economic Times Business Leader of the Year Award’ in 2015, ‘Businessman of the Year 2016’ by Business India, ‘Lifetime Achievement Award’ at Financial Express’ Best Banks’ Awards 2016, ‘USIBC Global Leadership Award’ at the 2018 India Ideas Summit organised by the U.S.-India Business Council, ‘Life Time Achievement Award’ at Magna Awards 2019 by Businessworld, ‘Best CEO in Banking Sector’ by the Business Today Best CEO Awards 2019 and ‘India Business Leader of the Year’ by CNBC-TV18 at the India Business Leader Awards 2021.
Mr. Kotak holds a Bachelor’s degree in Commerce from Mumbai University and a Master’s degree in Management Studies from Jamnalal Bajaj Institute of Management Studies, Mumbai.
Mr. Kotak is also the Non-Executive Chairman on the Boards of Kotak Mahindra Prime Limited, Kotak Mahindra Life Insurance Company Limited, Kotak Mahindra Asset Management Company Limited, Kotak Mahindra Capital Company Limited and Kotak Mahindra Investments Limited, wholly-owned subsidiaries of the Bank. He is also a member of the Board of Governors of The Mahindra United World College of India and The Anglo Scottish Education Society (Section 8 companies).
Mr. Ashok Vaswani has a proven track record spanning three and half decades, initially at Citigroup and, thereafter, at Barclays, of building and growing global businesses at scale, nurturing winning teams, establishing transformational partnerships, leveraging forward leaning technology, with a compelling business vision to deliver strong bottom-line growth. Mr. Vaswani is widely known as the person who led the transformation of Barclays from the analog age to the digital age. This involved a complete technology architecture redesign, hollowing out of the proprietary core banking platform to deliver a high level of resilience, redesign, digitalisation of customer journeys and data lead operations.
He brings with him significant executional experience with high degree of compliance and industrial strength across financial services.
Mr. Vaswani was Chief Executive Officer of Barclays Bank, UK and subsequently CEO of their Global Consumer, Private, Corporate and Payments businesses and Member of the Group Executive Committee. Earlier, he was CEO of Citigroup Asia Pacific and Member of the Citigroup Global Operating & Management Committees. Mr. Vaswani also built and ran various country and regional businesses across geographies. He also held the position as President of Pagaya Technologies Limited, a US-Israeli AI Fintech based out of New York. In his last role as President of Pagaya, Mr. Vaswani led the efforts to scale up the company through institutional selling and technology connectivity with very low latency and high degree of resilience.
Mr. Vaswani supports various philanthropic organisations, including Pratham and Lend-A-Hand.
He was on the board of several prestigious institutions such as, London Stock Exchange Group, The Forward Institute (UK), Telenor, SP Jain Institute of Global Management (UK), VISA Asia Pacific and VISA (UK), Entercard (Chairman), UK Finance Limited and Barclays Africa Group Limited (including as a member of its Audit and Technology Committee). He was also the Chairman of Retail Committee of British Bankers Association and a Trustee of Citizens Advice Bureau.
Mr. Vaswani is a Bachelor of Commerce (Economics and Accountancy) from the Sydenham College of Commerce and Economics, Mumbai, Chartered Accountant from the Institute of Chartered Accountants of India, Company Secretary from the Institute of Company Secretaries of India and has also received Executive Education from the Stanford University Graduate School of Business
Mr. Vaswani is also a Director (Non-Executive) on the Board of Kotak Mahindra (UK) Limited, a wholly-owned subsidiary of the Bank.
Mr. Uday Shankar is the former Executive Chairman of Star India and President of Disney, Asia-Pacific ("APAC") region, where he excelled at creating not just the biggest media enterprise in the region but was also a pioneer of the digital media revolution across the region. He is the visionary creator of some of the world’s most successful digital services such as Hotstar and JioCinema that have become the mobile models for the entire world. He is also the Vice Chairperson on the Board of the merged entity, JioStar.
The tech stacks created under his leadership still remain the go-to model for mobile heavy, large scale markets, which are now being adopted by media companies around the world. He is known to have created talent nurseries at a time when the industry was still in its nascent stage in India and the developing world.
Mr. Shankar is an acclaimed entrepreneur, executive, technologist experienced in building scalable web applications, leveraging a wide range of technologies. In the world of consumer digital products and initiatives, over the last three decades, he has been instrumental in introduction of technologies, integrating cloud infrastructure and content delivery networks to ensure high availability and low latency of millions of users globally and has helped deliver high-quality world class products.
Mr. Shankar’s adept working in agile environments and leading teams to solve complex problems through innovative technology solutions, brings a unique blend of strategic vision, operational expertise and digital innovation to the forefront. Besides building businesses, he has also trained professionals who are currently running some of the largest technology companies.
Mr. Shankar integrated Hotstar into the Star, and was deeply involved in all aspects of technology i.e. design, speed, capacity, hardware, software, cyber-security, fall back mechanism, Nil or minimum disruption, protection of customer information & content, commercial aspects of charging, etc., besides serving as a mentor and providing guidance and feedback on product development, design, tech and innovation roadmap and recruiting the entire leadership, attracting and building talent from the globally-known tech companies. Under his leadership, Star transformed into the region’s leading company and led multiple large scale digital initiatives, data driven content strategies and technology integrations which helped scale businesses.
He is credited with pioneering the streaming revolution in India and the APAC region which was possible only using latest technology where diverse content was made available to more than 500 million users. Beyond his corporate roles, Mr. Shankar is also the first media executive to be the President of the Federation of Indian Chambers of Commerce and Industry (FICCI). He is associated with the US-India Strategic Partnership Forum (USISPF) and his social initiatives include, Malaria No More (MNM).
After a distinguished corporate journey, Mr. Shankar turned entrepreneur in 2021. He launched Bodhi Tree Systems, as a founder director, to use technology to redefine consumer sectors that represent significant opportunities, but suffer from a lack of capital and innovation—media, education and healthcare.
Mr. Shankar’s exceptional accomplishments have earned him numerous honours. Recognized by Forbes India as the “Best CEO (MNC)” for 2015 and named “Entrepreneur of the Year (Entrepreneurial CEO)” by EY for 2016, his achievements resonate widely. His inclusion in distinguished listings like the Indian Express’ “100 Most Powerful Indians” and India Today’s “50 Most Powerful People in India” reinforces his impact. Moreover, he was named the “Impact Person of the Decade – Media" (2004-2014) by Impact Magazine.
Mr. Shankar holds a Masters in Philosophy (M. Phil.) and Master of Arts (M. A.) Honors from Jawaharlal Nehru University
Mr. Shankar is an Independent Director on the Board of The Great Eastern Shipping Company Limited and a Director (Non-Executive) on the Boards of Studio 18 Media Private Limited (Formerly known as Viacom 18 Media Private Limited), Marigold Park Capital Advisers Private Limited, Apollo Health and Lifestyle Limited, Business Standard Private Limited, Allen Career Institute Private Limited (Nominee Director), Asia Initiative PTE Limited, Bodhi Tree Systems VCC, Asia Initiative 2 PTE Limited and Vidhi Centre for Legal Policy (Section 8 company).
Ms. Shanti Ekambaram is a Commerce Graduate, a Chartered Accountant and a Cost and Works Accountant. She is responsible for the growth of Kotak811, Treasury and Global Markets businesses, in addition to overseeing the functions of Group Marketing & Corporate Communications, Internal Vigilance, Internal Audit (administrative matters), Public Affairs, Corporate Social Responsibility and Environmental, Social and Governance. She is also responsible for the Group’s institutional customers, leveraging her extensive experience and strategic insights to drive the growth of this segment including oversight of the Investment Bank and Institutional Equities business. Prior to her current role, she led the Consumer Banking business at the Bank from April 2014 to May 2022.
Ms. Ekambaram has been associated with Kotak Mahindra Group for over 30 years and has rich and varied experience across retail and wholesale banking. She has been responsible for successfully setting up and scaling several business units including the Consumer Bank, Corporate and Investment Banking. She is also part of the Group Management Council that drives Kotak Mahindra Group’s growth charter.
Before joining the Kotak Mahindra Group, Ms. Ekambaram had a short stint with Bank of Nova Scotia - the Canadian International Bank, with their Corporate Banking and Treasury division.
Ms. Ekambaram is on the board of Indian Institute of Management, Bangalore (IIM-B). She was a member of the FICCI National Committee on Banking for financial year 2021-22.
Business Today, one of India’s leading business magazines, recognised Ms. Ekambaram as one of the ‘Most Powerful Women in Indian Business’ from 2013-2017, 2019 and 2020. Fortune India had featured Ms. Ekambaram as one of the ‘50 Most Powerful Women in Business in India’ from 2016-2020. Ms. Ekambaram received the ‘CA Business Leader award’ from the Institute of Chartered Accountants of India in the Large Corporate
– BFSI category in 2020 and was also named CA Woman Business Leader in 2013. Further, the Ladies’ Wing of the IMC Chamber of Commerce and Industry recognised Ms. Ekambaram as ‘Woman of the Year 2013-14 in Banking and Financial Services’. She was listed by ET x Femina among the ‘Promising Women Leaders of India 2022’.
Ms. Ekambaram is a dedicated philanthropist who actively supports multiple NGOs.
Ms. Ekambaram is also a Director (Non-Executive) on the Boards of Kotak Securities Limited, Kotak Mahindra Capital Company Limited and Kotak Karma Foundation (Section 8 company), wholly-owned subsidiaries of the Bank.
Mr. Jaideep Hansraj, a Commerce graduate, is associated with the Kotak Mahindra Group since 1993 and quickly rose through the ranks. He oversees the Affluent customer segment and the Human Resource function, aiming to enhance service offerings and drive the People agenda. Additionally, as the head of 'One Kotak', he promotes collaboration across the Bank and its subsidiaries.
Prior to joining the Bank, Mr. Hansraj was the Managing Director and CEO of Kotak Securities Limited (a Wholly-Owned Subsidiary of the Bank), focusing on digitization and innovation, which led to significant business improvements. Before that, he was the Chief Executive Officer of Kotak Mahindra International Limited (a Wholly-Owned Subsidiary of the Bank) and later led Kotak Securities' private client function. In 2004, he moved to build the Wealth Management portfolio at the Bank, earning numerous accolades, including being ranked No. 1 in the Asian Private Banker's India 2017 AUM League Table.
Mr. Hansraj is also a Director on the Boards of Kotak Securities Limited, Kotak Mahindra Life Insurance Company Limited, Kotak Mahindra Asset Management Company Limited, Kotak Alternate Asset Managers Limited, Zurich Kotak General Insurance Company (India) Limited (Formerly Kotak Mahindra General Insurance Company Limited), Anukriya Foundation (Section 8 company).
Ms. Ketaki Bhagwati serves various entities as an Independent Director and Senior Advisor, providing leadership in strategy, business development, operations, governance and financial, credit and risk management. Besides being an Independent Director of the Bank, Ms. Bhagwati currently holds the position of an Independent Director on the Board of TU CIBIL Limited where she chairs the Risk Management Committee and contributes to the Audit, Customer Service and Nomination and Remuneration Committees. Additionally, she acts as a Senior Advisor to the Board of KPMG India Pvt. Limited. She is also a member of the Investment Committee at Encourage Capital, a US-based impact fund focused on investments in India. She actively supports women leaders in business as a member of the Wellesley College Business Leadership Council.
Previously, Ms. Bhagwati served as an Independent Director on the Boards of Axis Bank Limited, Bayer Cropscience (India) Limited and Omniactive Technologies Private Limited. She was also a Nominee Director on the Board of Tikona Infinet Private Limited.
Prior to her board roles, Ms. Bhagwati held the position of Chief Investment Officer in the Financial Institutions Group at the International Finance Corporation (“IFC”) where she worked for nearly twenty-five years, specializing in private equity, mergers & acquisitions, debt & structured finance and distressed asset workouts across various sectors in Asia, the Middle East and Africa. Before joining IFC, she worked at CRISIL Limited in Mumbai.
Ms. Bhagwati is Master of Public Administration in Economic Development and Finance (from Harvard University’s John F. Kennedy School of Government) and Bachelor of Arts in Political Science (from Wellesley College).
Ms. Bhagwati is also an Independent Director on the Board of TransUnion CIBIL Limited.
Ms. Ashu Suyash is a successful leader, with over three decades of experience across banking, investment management and the global information services sectors. As the Founder & CEO of Colossa Ventures LLP ("Colossa Ventures"), she leverages her extensive expertise to foster innovative startups, drive growth, and sponsor diversity within the venture capital ecosystem. Her strategic vision and business acumen have been honed through a distinguished career of leading Indian and multinational enterprises, setting up and scaling new businesses and driving transformation and change.
Prior to founding Colossa Ventures, Ms. Suyash was the Managing Director & CEO of CRISIL Limited ("CRISIL") and a member of the Global Operating Committee of S&P Global Inc. She played a pivotal role in enabling CRISIL consolidate its ratings leadership position in India, grow globally and transform to become a leading Global analytics company.
Ms. Suyash’s previous roles were as CEO of L&T Investment Management Limited and as the Country Head and Managing Director of Fidelity’s Indian Mutual Fund Business, a business she helped set up and grow. She started her career with Citibank India, where she held several key positions across their corporate and investment banking group.
Beyond her executive roles, Ms. Suyash’s influence extends to corporate governance, education and societal progress. She is an Independent Director on the Boards of Hindustan Unilever Limited and Tata Elxsi. She is also on the Advisory Board of Aseema Charitable Trust, the Executive Committee of IVCA, and CII’s Corporate Governance Council.
She is a Chartered Accountant from the Institute of Chartered Accountants of India and holds a Bachelor’s Degree in Commerce from the University of Mumbai.
Ms. Suyash, over the years, has been recognised as one of the top 50 women in business in India and Asia, and has received awards for her contributions to the Financial Services Industry.
Ms. Suyash is also an Independent Director on the Board of Hindustan Unilever Limited and Tata Elxsi Limited.
Mr. Paritosh Kashyap is a Commerce Graduate, Chartered Accountant and Cost & Works Accountant. With over 30 years of experience in the Banking and Financial Services in the Kotak Mahindra Group, Mr. Kashyap has held various key roles, including as the Group President and Business Head – Wholesale Banking Group and a Senior Management Personnel of the Bank. During his tenure, he has spearheaded and grown to scale, a number of businesses in the Kotak Group. He is a member of the Group Management Council, which drives the Kotak Mahindra Group’s growth charter.
During his early part of the career, he built the Debt Capital Market (“DCM”) Business. Under his leadership, the Bank has achieved a strong position in the DCM Business. In July 2022, Mr. Kashyap took charge of the Wholesale Banking business at the Bank which includes among others, Corporate & SME Banking, Structured Finance, Infrastructure Lending, the Banking and Financial Institutions Group, Debt Capital Markets, Custody, GIFT City, Trade and Transaction Banking businesses. Prior to this, he was responsible for Large Corporate business, Real Estate Lending, Structured Finance, Infrastructure, Banking & Financial Institutions Group and Debt Capital Markets businesses. In the past, he has held the position as the Managing Director & CEO of Kotak Mahindra Investments Limited and has been instrumental in building the Real Estate and Structured Lending business and creating a name for the firm. Both, the Real Estate and Structured Lending businesses, are today Centres of Excellence for the Bank. Mr. Kashyap has extensive experience dealing with Large Corporates and NBFCs and advising them on capital structuring, financing and securitization. He has originated, structured and led many structured financing transactions, including acquisition financing, sponsor financing, securitization, cross border, high yield credit, etc. In his role as the Head of the Wholesale Bank, Mr. Kashyap has been driving a number of initiatives aimed towards excellence, including increasing usage of data and analytics, building a granular customer base, focusing on increasing share of Trade and Transaction Banking with corporate customers, enhancing the technology profile of the business, achieving growth without compromising on quality and health of the book and driving higher profitability and ATROE amongst others.
Mr. Kashyap is also a Director on the Boards of Kotak Infrastructure Debt Fund Limited and Kotak Mahindra Investments Limited.
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.
At your request, you are being re-directed to a third party site - https://www.billdesk.com/pgmerc/kotakcard/ wherein you can make your payment from a different bank account. Kotak Cards does not guarantee or warrant the accuracy or completeness of the information, materials, services or the reliability of any service, advice, opinion statement or other information displayed or distributed on the third party site. You shall access this site solely for purposes of payment of your bills and you understand and acknowledge that availing of any services offered on the site or any reliance on any opinion, advice, statement, memorandum, or information available on the site shall be at your sole risk. Kotak Cards and its affiliates, subsidiaries, employees, officers, directors and agents, expressly disclaim any liability for any deficiency in the services offered by BilIDesk whose site you are about to access. Neither Kotak Cards nor any of its affiliates nor their directors, officers and employees will be liable to or have any responsibility of any kind for any loss that you incur in the event of any deficiency in the services of BiIIDesk to whom the site belongs, failure or disruption of the site of BilIDesk, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials.
Note: Available in select banks only. Kotak Cards reserves the right to add/delete banks without prior notice. © Kotak Mahindra Bank. All rights reserved
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.
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.
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.
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.
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.