Business Overview

Consumer Banking

(Kotak Mahindra Bank Limited)

  • Provides a complete bouquet of deposit and asset products for retail customers, small businesses, NRIs and retail institutions, backed by innovative, digital-first solutions
Differentiators
  • With the launch of 811, doubled our customer base to 16 million in 18 months, including 811 digital savings accounts, as per the target set in March 2017
  • Digital Payments have grown 4.5 times in FY 2018-19 with continued strong momentum on growth and adoption of Digital Channels, Payments and Products
  • Strong growth in credit card spends of 56% YoY. Additionally, there has been a 5x increase in digitally acquired home loans by salaried customers and 32% of salaried personal loans were sourced through digital channels

Wholesale Banking

(Kotak Mahindra Bank Limited)

  • Caters to the diverse needs of major Indian corporates, financial institutions, public sector undertakings, multinational companies and mid-market companies
Differentiators
  • Continues to clock strong growth without compromising on health of the book
  • Offers a complete suite of fund and non-fund based products including trade and foreign exchange services

Custodial Services

(Kotak Mahindra Bank Limited)

  • Provides expertise across Custody, Clearing and Fund Accounting solutions to FPIs and Domestic Fund Vehicles
Differentiators
  • A one-stop shop covering all services provided in-house for both Domestic as well as International Fund Managers

Commercial Banking

(Kotak Mahindra Bank Limited)

  • Plays a significant role in meeting financial inclusion goals and financing deep into ‘Bharat’
Differentiators
  • Caters to the diverse needs of rural and urban India with offerings like crop loan, tractor finance, agri-business finance, commercial vehicle finance and infrastructure finance
  • One of the leading players in tractor finance

Wealth Management

(Kotak Mahindra Bank Limited)

  • One of the oldest and most respected wealth management businesses in India, providing bespoke financial solutions to high net worth families
Differentiators
  • Kotak Wealth caters to about 40% of India’s top 100 families

Car Loans

(Kotak Mahindra Bank Limited)

  • Offers car finance options in the form of loans and lease for personal cars and multi-utility vehicles
  • Provides complete financing solutions through a single window to car dealers for their working capital and infrastructure setup requirements in the form of inventory funding and term loans

Lending NBFC

(Kotak Mahindra Investments Limited)

  • Offers comprehensive financial assistance and solutions such as Structured Finance, Sponsor Financing, Construction Finance for Residential and Commercial Real Estate, Lease Rental Discounting (LRD) and Financing against Ready Inventory (LAP) to real estate developers across various asset classes including Residential, Commercial, Retail and IT
Differentiators
  • One of the most trusted and dedicated real estate and structured finance platforms in the country with expertise across all key asset classes

Life Insurance

(Kotak Mahindra Life Insurance Company Limited)

  • Balanced product mix (Traditional and ULIPs) and distribution mix (Bancassurance, Agency and Group Businesses)
  • Digital adoption in business underwriting, customer engagement, sales enablement and operations processes
Differentiators
  • FY 2018-19 witnessed superior product mix transition across all sales channels with one of the highest new business margins in the industry
  • Amongst the best in the industry on business health parameters like persistency, conservation, surrender retention and reduction in customer complaints

General Insurance

(Kotak Mahindra General Insurance Company Limited)

  • One of the fastest growing non-life insurance companies in India registering a 62% growth in premium and close to 200% growth in number of policies sold in FY 2018-19
  • Its wide range of protection solutions across motor, health, home and commercial insurance cater to individuals and businesses
Key Differentiators
  • Strong customer-centricity, consistently high standard of claims experience with scale
  • Launched a first-of-its-kind initiative in the industry with its #DriveLikeALady campaign aimed at celebrating women as safer drivers and offering them special rates on their car insurance premium

Mutual Fund

(Kotak Mahindra Asset Management Company Limited)

  • Offers schemes that cater to investors with varying risk-return profiles
  • Diversified product portfolio across a wide range of equity, debt and exchange traded funds (ETFs)
Differentiators
  • First AMC to launch Video KYC module in the existing app and My First MF App for non-KYC verified investors
  • Launched Prostart Online Training Module, which is used by over 1,400 IFAs with over 20,000 video views
  • Market share in quarterly average assets under management (QAAUM) has grown to 6.14% in FY 2018-19 from 4.32% in FY 2015-16

Stock Broking

(Kotak Securities Limited)

  • A leading secondary market broking firm, offering services to retail and institutional investors
Differentiators
  • Highest market share in mobile trading
  • Ranked No. 3 in terms of growth in 12-month rolling active trading clients amongst top 10 brokers for FY 2018-19 as per NSE data on active clients

Investment Banking

(Kotak Mahindra Capital Company Limited)

  • A leading secondary market broking firm, offering services to retail and institutional investors
Differentiators
  • Advised on 14 domestic and cross-border transactions with a cumulative value of about USD 7.8 billion in FY 2018-19
  • Led the largest IPO, largest REIT IPO, largest QIP and largest Block of the year, raising a total of ` 32,983 crore across 14 transactions

Alternate Assets

(Kotak Investment Advisors Limited)

  • Building its business successfully across six verticals – Private Equity, Realty Fund, Infrastructure Fund, Listed Equity Strategies, Special Situations Credit Fund and Investment Advisory: Private Clients – all led by independent investment teams
  • In line with the Reserve Bank of India guidelines, effective 20th April, 2019, commenced offering investment advisory services
Differentiators
  • Amongst the few Alternative Management firms to have completed full life cycle of three Real Estate Funds in India
  • Strong partnerships with large marquee investors across multiple strategies
  • Strong advisory capability for Private Clients across Equities, Fixed Income & Alternates with complete alignment of interest

Infrastructure Financing

(Kotak Infrastructure Debt Fund Limited)

  • Caters to the development and growth of India’s infrastructure sector by providing long tenor funding to operational infrastructure projects
Differentiators
  • Achieved 65% growth in asset book, while maintaining nil delinquencies
  • Continued to focus on key social infrastructure sectors like Education and Healthcare, in addition to core infrastructure sectors like Power

Microfinance

(BSS Microfinance Limited)

  • Acts as a business correspondent to the Bank
  • Sources women-centric credit products to propagate financial inclusion and livelihood development
Differentiators
  • Reaching out to the bottom of the pyramid households with a customer base of 4.29 lakh, up by 36% in FY 2018-19
  • Majority of loans managed by BSS Microfinance are to women engaged in agriculture and allied activities

International Business

(Kotak Mahindra (UK) Limited, Kotak Mahindra (International) Limited, Kotak Mahindra Inc., Kotak Mahindra Financial Services Limited, Kotak Mahindra Asset Management (Singapore) Pte. Ltd.)

  • Operates in overseas markets through international subsidiaries with a presence in UK, Singapore, UAE, USA and Mauritius; engaged in various activities such as fund management, dealing in securities, advisory services, broker-dealer activities and investments on own account
Differentiators
  • The offshore subsidiaries have built a strong distribution network across geographies both in terms of number of distributors and key accounts. The funds have investments from major geographies like Japan, Europe, US and Middle East and continue to make inroads into new geographies

Pension Fund

(Kotak Mahindra Pension Fund Limited)

  • A subsidiary of Kotak Mahindra Asset Management Co. Ltd (KMAMC), appointed as a Pension Fund Manager (PFM) by the Pension Fund Regulatory and Development Authority (PFRDA), in April 2009
  • Manages nine diversified schemes across asset classes
Differentiators
  • Amongst the fastest growing pension funds on a YoY basis of 71.4% against the industry standard of 34.1%

Asset Recovery

(Kotak Mahindra Bank Limited)

  • Looks at potential turnaround cases basis genuine borrower profile and backed by commensurate cash flows and collaterals
Differentiators
  • Only Indian bank providing vital financing required for getting stressed companies back to mainstream banking
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