Established inthe Kotak Mahindra Group is one of India's leading financial services conglomerates.

In FebruaryKotak Mahindra Finance Ltd. KMFLthe Group's flagship company, received a banking license from the Reserve Bank of India RBI. Thereafter, KMFL became India's first non-banking finance company to become a bank — Kotak Mahindra Bank Limited. We have completed the merger of ING Vysya Bank with Kotak Mahindra Bank, one of the biggest mergers in the Indian banking system. The coming together of erstwhile ING Vysya Bank with Kotak Mahindra Bank will result in significant synergies, and will lead to greater focus across a much wider customer spectrum.

Kotak Life Insurance gains traction in south Indian market on Kotak Mahindra Bank's ING Vysya Bank acquistion - The Economic Times

The vision, stated above, is being realised through a three layered integration governance structure. Kotak is diversifying into multiple business verticals with a deep India focus as part of its continuing agenda to partner the aspirations of a rapidly transforming society.

It is now more flexible, agile and focused on creating long-term value. The Bank has announced that it has agreed to invest The Bank has tailored offerings for a wide customer cross-section, from people having an active digital life to those looking for hassle-free banking, financial independence and personal attention.

KonaKonaKotak ANNUAL REPORT POWER OF ONE Established inthe Kotak Mahindra Group is one of India's leading financial services conglomerates. Message from Uday Kotak Dear Friend, We have completed the merger of ING Vysya Bank with Kotak Mahindra Bank, one of the biggest mergers in the Indian banking system.

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Total assets under management. Kotak securities average daily volume.

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Current account and savings Account. All figures are consolidated except CASA, which is bank standalone. Banking on Synergies Multiple How to make money selling boats Streams Carefully Crafted Bespoke Solutions Banking on Synergies Whole is greater than the sum of its parts The coming together of erstwhile ING Vysya Bank with Kotak Mahindra Bank will result in significant synergies, and will lead to greater focus across a much wider customer spectrum.

Complementary branch network The merger has enhanced the Bank's presence across India.

More for all The Bank's business model is 'Concentrated India, Diversified Financial Services'. Core leadership The vision, stated above, is being realised through a three layered integration governance structure.

Revenue synergies and cost efficiencies This merger has instantly expanded the network of branches and ATMs. Multiple Kotak mahindra life insurance market share Streams Flexible, agile and robust business model Kotak is diversifying into multiple business verticals with kotak mahindra life insurance market share deep India focus as part of its continuing agenda to partner the aspirations of a rapidly transforming society.

Entry into general insurance Kotak has announced its plan to foray into the general insurance business. Strengthening the mutual fund space Kotak acquired the domestic schemes of PineBridge Mutual Fund PBI MF.

Entry into payment bank The Bank has announced that it has agreed to invest Carefully Crafted Bespoke Solutions Something for everyone The Bank has tailored offerings for a wide customer cross-section, from people having an active digital life to those looking for hassle-free banking, financial independence and personal attention.

Mail your money 'Mail Money' allows customers to transfer funds simply by entering an email id and mobile number of a beneficiary and initiate a fund transfer through Kotak's secure net banking platform.

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Banking goes social 'Jifi Saver' is a social savings bank account, which can be managed via Twitter and Facebook. Connecting million bank account Holders 'KayPay' is the world's first bank agnostic, real-time funds transfer platform, connecting over million bank account holders from 29 Indian banks.

Life is grand after 55 'Grand' is a unique savings bank account tailored exclusively for customers who are 55 years and above. Access all the company financials through our download centre VISIT DOWNLOAD CENTRE. Download the PDF of the complete Annual Report DOWNLOAD PDF. Website best Viewed on I.