Established in 1985, Kotak Mahindra Group (Group) is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received a banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd.
The Group offers a wide range of financial services that encompass every sphere of life. The Group caters to the diverse financial needs of individuals and the corporate sector, with services including commercial banking, stock broking, mutual funds, insurance and investment banking. The Group has a wide distribution network through branches and franchisees across India, an International Business Unit at DIFC, Dubai and international offices in London, New York, Dubai, Abu Dhabi, Mauritius and Singapore.
Kotak Mahindra Bank is the flagship company of the Kotak Mahindra Group, one of India’s leading financial services conglomerates, based in Mumbai, India.
About the Kotak Mahindra Bank – GIFT City Branch
Kotak Mahindra Bank has set up its International Financial Services Center Banking Unit [IBU] in Gujarat International Finance Tec - (GIFT) City, Gujarat on May 3, 2016. GIFT is India's first global financial and IT services hub designed on the lines of global financial centres, regulated by the International Financial Services Centres Authority (IFSCA). The branch caters to a global customer base, with a wide suite of products and services including Deposits, Loans and Advances, and Treasury Services.