KOTAK BANK

Our Story
Milestones that have shaped the Kotak Mahindra Group, since 1986 Since the inception of the erstwhile Kotak Mahindra Finance Limited in 1985, it has been a steady and confident journey leading to growth and success. The milestones of the group growth story are listed below yearwise

2010

Ahmedabad Derivatives and Commodities Exchange, a Kotak anchored enterprise, became operational as a national commodity exchange.

2009

o o

Kotak Mahindra Bank Ltd. opened a representative office in Dubai Entered Ahmedabad Commodity Exchange as anchor investor.

2008

Launched a Pension Fund under the New Pension System.

2006

Bought the 25% stake held by Goldman Sachs in Kotak Mahindra Capital Company and Kotak Securities.

2005

Kotak Group realigned joint venture in Ford Credit; their stake in Kotak Mahindra Prime was bought out (formerly known as Kotak Mahindra Primus Ltd) and Kotak groups stake in Ford credit Kotak Mahindra was sold. Launched a real estate fund.

2004

Launched India Growth Fund, a private equity fund.

2003 2001

Kotak Mahindra Finance Ltd. converted into a commercial bank - the first Indian company to do so.

Matrix sold to Friday Corporation. Launched Insurance Services. Kotak Securities Ltd. was incorporated

2000

Kotak Mahindra tied up with Old Mutual plc. for the Life Insurance business. Kotak Securities launched its on-line broking site. Commencement of private equity activity through setting up of Kotak Mahindra Venture Capital Fund.

1998

Entered the mutual fund market with the launch of Kotak Mahindra Asset Management Company.

1996

The Auto Finance Business is hived off into a separate company - Kotak Mahindra Prime Limited (formerly known as Kotak Mahindra Primus Limited). Kotak Mahindra takes a significant stake in Ford Credit Kotak Mahindra Limited, for financing Ford vehicles. The launch of Matrix Information Services Limited marks the Group's entry into information distribution.

1995

Brokerage and Distribution businesses incorporated into a separate company - Securities. Investment banking division incorporated into a separate company - Kotak Mahindra Capital Company Entered the Funds Syndication sector

1992

1991

The Investment Banking Division was started. Took over FICOM, one of India's largest financial retail marketing networks

1990 1987

The Auto Finance division was started Kotak Mahindra Finance Ltd entered the Lease and Hire Purchase market

1986

Kotak Mahindra Finance Ltd started the activity of Bill Discounting

Our business

Kotak Mahindra Bank Ltd

Kotak Mahindra Bank Ltd is a one stop shop for all banking needs. The bank offers personal finance solutions of every kind from savings accounts to credit cards, distribution of mutual funds to life insurance products. Kotak Mahindra Bank offers transaction banking, operates lending verticals, manages IPOs and provides working capital loans. Kotak has one of the largest and most respected Wealth Management teams in India, providing the widest range of solutions to high net worth individuals, entrepreneurs, business families and employed professionals. For more information, please visit the Kotak Mahindra Bank website www.kotak.com/bank/personal-banking/

Kotak Mahindra Old Mutual Life Insurance Ltd

Kotak Mahindra Old Mutual Life Insurance Ltd is a 74:26 joint venture between Kotak Mahindra Bank Ltd., its affiliates and Old Mutual plc. A Company that combines its international strengths and local advantages to offer its customers a wide range of innovative life insurance products, helping them take important financial decisions at every stage in life and stay financially independent. The company covers over 3 million lives and is one of the fastest growing insurance companies in India. www.kotaklifeinsurance.com

Kotak Securities Ltd

Kotak Securities is one of the largest broking houses in India with a wide geographical reach. Kotak Securities operations include stock broking and distribution of various financial products including private and secondary placement of debt, equity and mutual funds. Kotak Securities operate in five main areas of business:
o o o o o

Stock Broking (retail and institutional) Depository Services Portfolio Management Services Distribution of Mutual Funds Distribution of Kotak Mahindra Old Mutual Life Insurance Ltd products

For more information, please visit the Kotak Securities website www.kotaksecurities.com Kotak Mahindra Capital Company (KMCC)

Kotak Investment Banking (KMCC) is a full-service investment bank in India offering a wide suite of capital market and advisory solutions to leading domestic and multinational corporations, banks, financial institutions and government companies. Our services encompass Equity & Debt Capital Markets, M&A Advisory, Private Equity Advisory, Restructuring and Recapitalization services, Structured Finance services and Infrastructure Advisory & Fund Mobilization. For more information, please visit the Kotak Investment Banking website www.kmcc.co.in

Kotak Mahindra Prime Ltd (KMPL)

Kotak Mahindra Prime Ltd is among India's largest dedicated passenger vehicle finance companies. KMPL offers loans for the entire range of passenger cars, multi-utility vehicles and pre-owned cars. Also on offer are inventory funding and infrastructure funding to car dealers with strategic arrangements via various car manufacturers in India as their preferred financier. For more information, please visit the KMPL website http://carloan.kotak.com

Kotak International Business

Kotak International Business specialises in providing a range of services to overseas customers seeking to invest in India. For institutions and high net worth individuals outside India, Kotak International Business offers asset management through a range of offshore funds with specific advisory and discretionary investment management services. For more information, please visit the Kotak Mahindra International Business website www.investindia.kotak.com

Kotak Mahindra Asset Management Company Ltd (KMAMC)

Kotak Mahindra Asset Management Company offers a complete bouquet of asset management products and services that are designed to suit the diverse risk return profiles of each and every type of investor. KMAMC and Kotak Mahindra Bank are the sponsors of Kotak Mahindra Pension Fund Ltd, which has been appointed as one of six fund managers to manage pension funds under the New Pension Scheme (NPS). For more information, please visit the KMAMC website www.kotakmutual.com/kmw/main.htm

Kotak Private Equity Group (KPEG)

Kotak Private Equity Group helps nurture emerging businesses and mid-size enterprises to evolve into tomorrow's industry leaders. With a proven track record of helping build companies, KPEG also offers expertise with a combination of equity capital, strategic support and value added services. What differentiates KPEG is not merely funding companies, but also having a close involvement in their growth as board members, advisors, strategists and fund-raisers. For more information, please visit the KPEG website www.privateequityfund.kotak.com

Kotak Realty Fund

Kotak Realty Fund deals with equity investments covering sectors such as hotels, IT parks, residential townships, shopping centres, industrial real estate, health care, retail, education and property management. The investment focus here is on development projects and enterprise level investments, both in real estate intensive businesses. For more information, please visit the Kotak Realty Fund website www.realtyfund.kotak.com

Senior Management
Core Kotak Mahindra Group team

Mr. Uday S. Kotak

Executive Vice Chairman and Managing Director Mr. Uday Kotak, is the Executive Vice-Chairman and Managing Director of the Bank, and its principal founder and promoter. Mr. Kotak is an alumnus of Jamnalal Bajaj Institute of Management Studies. In 1985, when he was still in his early twenties, Mr Kotak thought of setting up a bank when private Indian banks were not even seen in the game. First Kotak Capital Management Finance Ltd (which later became Kotak Mahindra Finance Ltd), and then with Kotak Mahindra Finance Ltd, Kotak became the first non-banking finance company in India's corporate history to be converted into a bank. Over the years, Kotak Mahindra Group grew into several areas like stock broking and investment banking to car finance, life insurance and mutual funds. Among the many awards to Mr Kotak's credit are the CNBC TV18 Innovator of the Year Award in 2006 and the Ernst & Young Entrepreneur of the Year Award in 2003. He was featured as one of the Global Leaders for Tomorrow at the World Economic Forum's annual meet at Davos in 1996. He was also featured among the Top Financial Leaders for the 21st Century by Euromoney magazine. He was named as CNBC TV18 India Business Leader of the Year 2008 and as the most valued CEO by businessworld in 2010.

Mr. C Jayaram

Joint Managing Director Mr. C. Jayaram, is a Joint Managing Director of the Bank and is currently in charge of the Wealth Management Business of the Kotak Group. An alumnus of IIM Kolkata, he has been

with the Kotak Group since 1990 and member of the Kotak board in October 1999. He also oversees the international subsidiaries and the alternate asset management business of the group. He is the Director of the Financial Planning Standards Board, India. He has varied experience of over 25 years in many areas of finance and business, has built numerous businesses for the Group and was CEO of Kotak Securities Ltd. An avid player and follower of tennis, he also has a keen interest in psephology.

Mr. Dipak Gupta Joint Managing Director

An electronics engineer and an alumnus of IIM Ahmedabad, Mr. Gupta has been with the Kotak Group since 1992 and joined the board in October 1999. He heads commercial banking, retail asset businesses and looks after group HR function. Early on, he headed the finance function and was instrumental in the joint venture between Kotak Mahindra and Ford Credit International. He was the first CEO of the resulting entity, Kotak Mahindra Primus Ltd.
Kotak Mahindra Group
o o o o

Our Story Our Businesses Senior Management Awards

Browse Kotak, by: Products & Services Business Units Customer Types

Media Newsroom
Latest from the news room Our view on the Budget 2011
February 2011

Comments and views from Kotak Kotak's new Challenges

January 2011 | Hindustan Times

An interview with Uday Kotak, Dipak Gupta and C Jayaram about the Kotak growth story and their vision on the challenges that lie ahead. Likely to see 100 bps rise in key rates this year
January 2011 | Moneycontrol

The article highlights on Mr. Uday Kotak talking about 100 bps rise in key rates this year. He commented on this at the WEF's Annual Meeting at Davos. Indulging the Big Fish
August 2010 | Business Today

SEBI's proposed new take over code could skew the regulatory framework in favour of big companies, argues Uday Kotak. Indian banking during the past decade
June 2010 | Times of india

The founder, executive vice-chairman and managing director of Kotak Mahindra Bank, formed by converting Kotak Mahindra Finance into a commercial bank in 2003, discusses banking in India over the past decade. Giving Family Name to business builds trust
April 2010 | Times of india

The story of Kotak Mahindra Group's growth across 25 years as a business facing challenges of the financial services industry in India. It is not necessary that SBI will set the benchmark
March, 2010 | Financial Express

An interview with Uday Kotak on the Indian financial scenario in terms of the debt markets, capital markets, foriegn investments and more. What I Learnt
January 2010 | Business Today

Uday Kotak talks about his lessons learnt on retaining stability with a customer focused approach in times of the downturn between the years 2007-2009. The Keynesian effect
December, 2009 | Infrastructure Today

Kotak Mahindra Bank Executive Director, Dipak Gupta speaks on the strategic offerings made by the bank with insights on the market scenario. Ivy League Companies
November, 2009 | Global Gujarati

Kotak Mahindra's rise to the top as a financial organisation in India is documented in a fact file with details of each milestone the group has achieved. Kotak's tipping point
August, 2009 | Business Today

A look into what is in store for the Kotak Mahindra Group in the face of competition under the leadership of Uday Kotak with a strategy of talent and ti

Corporate Responsibility
Community investment and development Kotak Mahindra views Corporate Social Responsibility as an investment in society and in its own future. Kotak uses the power of its human and financial capital to help in transforming communities into vibrant, desirable places for people to live. The group leverages its core competencies in three areas:

Sustainability An integral part of all Kotak Mahindra Group activities is to be consistently responsible to shareholders, clients, employees, society and the environment. Economic Development By helping people achieve their financial goals, Kotak strengthens the fabric of communities and helps them overcome unemployment and poverty to help them shape their future. Doing My Bit A growing number of employees are committed to civic leadership and responsibility with the support and encouragement of the Kotak Group. A number of employees have been involved in strengthening communities through voluntary work, payroll giving and management inputs.

For any CSR related queries, please contact: Group CSR Kotak Mahindra Bank Ltd Tel. Board +91 22 6720 6720 Email: cr@kotak.com

Careers
Experience. Development. Opportunity We are always on the search for like minded people to join us at Kotak. If you are looking to explore opportunities in the financial world and want to work with some of the leading professionals in the sector, you are welcome to reach us. Interested in working in a specific financial vertical under the Kotak Mahindra group? Visit the careers section of individual Kotak Mahindra business websites to know more:

Bank Life Insurance Securities Investment Banking International Business Mutual Fund Private Equity Realty Fund

Contact Us
Reach us at any of our Kotak businesses

Kotak Mahindra Bank Customer Service Centre 24 Hour Customer Care Toll Free: 1800 102 6022 Email: service.bank@kotak.com Registered Office Kotak Mahindra Bank Ltd, To locate our nearest Branches click here 36-38A, Nariman Bhavan, Letter: P.O. Box: 16344, Mumbai - 400013 227 Nariman Point, To report any security related issues, frauds or vulnerabilities with regards to Mumbai - 400 021 Kotak Mahindra Bank systems and services, please email us at: itsecurity.bank@kotak.com Kotak Life Insurance Registered Office Kotak Mahindra Old Mutual Life Insurance Ltd. Customer Service Centre 4th Floor, Vinay Bhavya Kotak Mahindra Old Mutual Life Insurance Ltd. Complex, Kotak Infiniti, 21, Infinity Park, 5th Floor, Zone II, 159 A, CST Road, Off Western Express Highway, Kalina, Santacruz East, General A K Vaidya Marg, Mumbai: 400 098. Malad [E], Mumbai - 400 097 Tel : +91 022 6599 3626 Toll Free : 1800 209 8800 Fax : +91 022 6672 6254 clientservicedesk@kotak.com Email : lifeexpert@kotak.com Kotak Securities Registered Office 1st Floor, Bakhtawar, 229, Nariman Point, Mumbai - 400 021 Tel : +9122 6634 1100 Corporate Office 2nd Floor, Nirlon House, Near Passport Office, Dr. Annie Besant Road, Worli, Mumbai - 400 025 Tel : +9122 6652 9191 Customer Service Centre Toll Free: 1800 209 9191 / 222 299 Tel : (City Code) 30305757 service.securities@kotak.com

Kotak Investment Banking Registered Office 1st Floor, Bakhtawar 229, Nariman Point Mumbai - 400 021

Tel: +91 22 6634 1110 Fax: +91 22 2282 6632 Kotak Mahindra Prime Corporate Office Kotak Infiniti, 4th Floor, Bldg no 21, Infinity Park, Off Western Express Customer Service Centre Highway, Tel: +9122 6773 6000 General A K Vaidya Marg, (Maharashtra and Goa) Malad (E), Mumbai- 400 Toll Free: 1800 209 5732 097 (Rest of India) Tel No. : +91 22 66056825 service.carfinance@kotak.com / 4778 Fax No. : +91 22 67259086 Kotak International Business International Offices Kotak Mahindra (UK) Ltd London Office, 8th Floor, Portsoken House, 155-157, Minories London EC3N 1LS, United Kingdom Tel : +44 20 7977 6900 Kotak Mahindra (UK) Ltd Singapore Office, 16 Raffles Quay, #35-02/03 Hong Leong Building, Singapore 048581 Tel: +65 6290 5590 Kotak Mahindra (International) Ltd Representative Office, Al Otaiba Building,

Kotak Mahindra Inc New York Office, 50, Main Street, Ste. 890, White Plains, NY 10606 USA Tel : +1 914 997 6120

Kotak Mahindra (International) Ltd Mauritius Office, 4th Floor, Les Cascades Building, Edith Cavell Street, Port Louis, Mauritius Tel : +230 212 9800 Kotak Mahindra (UK) Ltd Dubai Office Office No 105, Level 1 Al Fattan Currency House-Tower 2 DIFC, P.O. Box 121753 Dubai, UAE Tel: +9714 3848900

California Office, 5201 Great America Parkway, Suite 320, Santa Clara, CA 95054 USA Tel: +1 408 730 2671

Kotak Securities Ltd - Bahrain Branch Kotak Mahindra Bank - Representative (Regulated by CBB) Office (Dubai): +971 4 3978105 16, Ground Floor, Manama Centre, Kotak Mahindra Financial Services

907, Hamdan Street, Behind KFC, P O Box 131394, Abu Dhabi, United Arab Emirates Phone: +9712 622 9042 Kotak Mutual Fund

Government Avenue, P.O. Box 20183, Manama, Kingdom of Bahrain Tel: +973-17532097 Fax: +973-17533962

Limited (Dubai): 7th Floor, Office Number 703, Al Fattan Currency House, Tower 2, PO Box 16498, Dubai, UAE. Tel: +971 4 3544455

Registered Office 36-38A, 3rd Floor, Nariman Bhavan, 227 Nariman Point, Mumbai 400021. India.

Customer Service Centre Kotak Mahindra Asset Management Corporate Office Kotak Mahindra Asset Management Company Company 6th Floor, Kotak Towers, 6th Floor, Vinay Bhavya Complex, Building no 21, Infinity Park, 159-A, C.S.T Road, Kalina, Off Western Eastern Express Santacruz East, Highway, Goregaon-Mulund Link Road, Mumbai 400098. Malad East, India. Mumbai 400097. Tel: - +91 22 66384444 India. Tel: - +91 22 6638 4444 Fax: - +91 22 66384455 Fax: - +91 22 6638 4455

Kotak Private Equity Registered Office 5th Floor, INGS Point, Plot no. 8, Near University Campus, CST Road, Kalina, Mumbai - 400 098 Tel : +9122 6626 0500 Kotak Realty Fund Registered Office 5th Floor, INGS Point, Plot no. 8, Near University Campus, CST Road, Kalina, Mumbai - 400 098 Tel : +9122 6626 0500