Kotak Mahindra Bank Ltd is a private sector bank, known for its customer-focused approach, strong financial products, and digital banking services. The bank offers a wide range of solutions including savings accounts, loans, credit cards, investment products, insurance, and wealth management services. Kotak is recognised for its modern banking experience, competitive interest rates, and trusted financial advisory. Over the years, the bank has built a strong reputation for transparency, risk management, and technology-driven services, making it a preferred choice for individuals and businesses.
Introduction & Incorporation
Kotak Mahindra Bank was incorporated in 1985 as Kotak Mahindra Finance Ltd, a non-banking financial company (NBFC). It became a full-fledged banking institution in 2003, becoming the first NBFC in India to receive a banking licence from the Reserve Bank of India (RBI). The bank is headquartered in Mumbai, Maharashtra, and operates as a public limited company in the financial services sector. Over time, Kotak has grown through strategic expansions, strong digital banking initiatives, and the acquisition of ING Vysya Bank in 2015. Its business model is built on providing reliable banking services supported by technology, innovation, and customer trust.
Kotak Mahindra Bank Ltd Business Segments and Revenue Model
Core Offerings and Business Segments:
- Retail Banking: Provides services for individual customers, including Savings and Current Accounts, Home Loans, Personal Loans, Credit Cards, and wealth management services.
- Corporate & Commercial Banking: Caters to large companies and conglomerates (Corporate Banking) and also provides essential financing deep into rural and semi-urban India (Commercial Banking), including loans for Small and Medium Enterprises (SMEs), commercial vehicles, and agricultural equipment.
- Specialized Subsidiaries: The groups subsidiaries extend its reach into other lucrative financial sectors (Insurance, Investment, Vehicle Financing). The combined success of these subsidiaries, especially the asset management and securities arms, contributes significantly to the intrinsic value behind the Kotak Mahindra Bank share price.
Operational Footprint: The bank has a significant pan-India distribution network, comprising over 1,604 branches and 2,598 ATMs across the country. It also has a strong digital footprint led by the popular Kotak 811 initiative, an entirely digital banking platform.
Kotak Mahindra Bank Ltd Key Milestones
- 1985: Company established as Kotak Mahindra Finance Ltd. (an NBFC).
- 1990-91: Diversified its business by entering the Auto Finance and Investment Banking sectors.
- 2003: Converted into Kotak Mahindra Bank Ltd., receiving a full commercial banking license from the RBI.
- 2015: Completed a major merger with ING Vysya Bank, significantly expanding its branch network and customer base.
- 2017: Launched Kotak 811, a zero-balance digital banking product, driving its digital transformation strategy.
- 2024: Made a strategic acquisition of Sonata Finance, a prominent Microfinance Institution (MFI), to boost its rural and financial inclusion portfolio.
Kotak Mahindra Bank Ltd Awards & Recognitions
- Best Large-Cap Company Gold, FinanceAsia’s Best Companies Poll 2025.
- Kotak Mahindra Bank named Best Brand 2021 by Economic Times.
- Kotak Mahindra Bank honoured as Best Domestic Bank at AsiaMoney Best Bank Awards 2019.
- 811 named as winner at the 6th Edition of Banking Frontiers Finnoviti Awards 2018.
Data as of January 2026
Kotak Mahindra Bank share price as on 27 Feb 2026 is Rs. 415.2. Over the past 6 months, the Kotak Mahindra Bank share price has increased by 5.61% and in the last one year, it has increased by 6.6%. The 52-week low for Kotak Mahindra Bank share price was Rs. 378.78 and 52-week high was Rs. 460.38.
Kotak Mahindra Bank Ltd is a private sector bank, known for its customer-focused approach, strong financial products, and digital banking services. The bank offers a wide range of solutions including savings accounts, loans, credit cards, investment products, insurance, and wealth management services. Kotak is recognised for its modern banking experience, competitive interest rates, and trusted financial advisory. Over the years, the bank has built a strong reputation for transparency, risk management, and technology-driven services, making it a preferred choice for individuals and businesses.
Introduction & Incorporation
Kotak Mahindra Bank was incorporated in 1985 as Kotak Mahindra Finance Ltd, a non-banking financial company (NBFC). It became a full-fledged banking institution in 2003, becoming the first NBFC in India to receive a banking licence from the Reserve Bank of India (RBI). The bank is headquartered in Mumbai, Maharashtra, and operates as a public limited company in the financial services sector. Over time, Kotak has grown through strategic expansions, strong digital banking initiatives, and the acquisition of ING Vysya Bank in 2015. Its business model is built on providing reliable banking services supported by technology, innovation, and customer trust.
Kotak Mahindra Bank Ltd Business Segments and Revenue Model
Core Offerings and Business Segments:
- Retail Banking: Provides services for individual customers, including Savings and Current Accounts, Home Loans, Personal Loans, Credit Cards, and wealth management services.
- Corporate & Commercial Banking: Caters to large companies and conglomerates (Corporate Banking) and also provides essential financing deep into rural and semi-urban India (Commercial Banking), including loans for Small and Medium Enterprises (SMEs), commercial vehicles, and agricultural equipment.
- Specialized Subsidiaries: The groups subsidiaries extend its reach into other lucrative financial sectors (Insurance, Investment, Vehicle Financing). The combined success of these subsidiaries, especially the asset management and securities arms, contributes significantly to the intrinsic value behind the Kotak Mahindra Bank share price.
Operational Footprint: The bank has a significant pan-India distribution network, comprising over 1,604 branches and 2,598 ATMs across the country. It also has a strong digital footprint led by the popular Kotak 811 initiative, an entirely digital banking platform.
Kotak Mahindra Bank Ltd Key Milestones
- 1985: Company established as Kotak Mahindra Finance Ltd. (an NBFC).
- 1990-91: Diversified its business by entering the Auto Finance and Investment Banking sectors.
- 2003: Converted into Kotak Mahindra Bank Ltd., receiving a full commercial banking license from the RBI.
- 2015: Completed a major merger with ING Vysya Bank, significantly expanding its branch network and customer base.
- 2017: Launched Kotak 811, a zero-balance digital banking product, driving its digital transformation strategy.
- 2024: Made a strategic acquisition of Sonata Finance, a prominent Microfinance Institution (MFI), to boost its rural and financial inclusion portfolio.
Kotak Mahindra Bank Ltd Awards & Recognitions
- Best Large-Cap Company Gold, FinanceAsia’s Best Companies Poll 2025.
- Kotak Mahindra Bank named Best Brand 2021 by Economic Times.
- Kotak Mahindra Bank honoured as Best Domestic Bank at AsiaMoney Best Bank Awards 2019.
- 811 named as winner at the 6th Edition of Banking Frontiers Finnoviti Awards 2018.
Data as of January 2026
Kotak Mahindra Bank share price as on 27 Feb 2026 is Rs. 415.2. Over the past 6 months, the Kotak Mahindra Bank share price has increased by 5.61% and in the last one year, it has increased by 6.6%. The 52-week low for Kotak Mahindra Bank share price was Rs. 378.78 and 52-week high was Rs. 460.38.
