Kotak Mahindra Bank
On friday reduced its interest rate on home loans to 7 at par with market leader state bank of india s offering.
Kotak mahindra bank. Private sector lender kotak mahindra bank ltd. Recently in 2015 it acquired ing vysya bank at the value of inr 150. Kotak mahindra bank limited is an indian private sector bank headquartered in mumbai maharashtra india it offers banking products and financial services for corporate and retail customers in the areas of personal finance investment banking life insurance and wealth management as of april 2019 it is the second largest indian private sector bank by market capitalization with 1600 branches. Uday kotak the managing director of kotak mahindra bank ltd explains why he thinks overseas investors should look to invest in indian digital to consumer sector companies.
According to the latest motilal oswal 24th annual wealth creation study undertaken in 2019 kotak mahindra bank has emerged one of the most consistent wealth creator kmbl ranked sixth with price cagr of 34 percent over the 10 year period 2009 to 2019. The mumbai headquartered lender also announced a slew of other offers including loan processing fees waivers and faster online approvals. Kotak mahindra bank is a private sector bank of india came into existence in february 2003. Experience the new age personal banking and net banking with kotak bank.
Kotak mahindra group on friday flagged off this year s festive season celebrations by announcing the launch of the 2020 edition of khushi ka season. The p e ratio was 35x in 2019 versus 15x in 2009. I hereby accept terms and conditions and authorize kotak mahindra bank and it s representatives to call e mail or sms me regarding unsecured loans. In its banking and financial service portfolio it facilitates services in wealth management personal finance life insurance and investment banking to retail and corporate customers.
Kotak is offering customers attractive loan rates loan processing fee waivers and quick online loan approvals on a range of retail and agri loan segments.