Thursday, October 29, 2015
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Indian Real Estate News
Kotak Bank
Established in 1985, the Kotak Mahindra group has been one of India's most reputed financial conglomerates. In February 2003, Kotak Mahindra Finance Ltd, the group's flagship company was given the license to carry on banking business by the Reserve Bank of India (RBI). This approval created banking history since Kotak Mahindra Finance Ltd. is the first non-banking finance company in India to convert itself in to a bank as Kotak Mahindra Bank Ltd.
Kotak Mahindra Bank has over 329 branches and 771 ATMs, which are spread all over India, not just in the metros but in Tier II cities and rural India.
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