What it does: Kotak Mahindra is one of India's leading banking and financial services groups, offering a wide range of financial services that encompass every sphere of life.
Philosophy: “If what we create does not outlive us, then it is not progress."- Uday Kotak, Managing Director & CEO, Kotak Mahindra Bank Limited
Size and presence: Over 71,000 employees across the country
Best known for: 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. It is India's third largest private sector bank by assets and by market capitalisation as of November 2021.
In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received a banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd.
Effective April 1, 2015, ING Vysya Bank Ltd. merged with Kotak Mahindra Bank Ltd. The Bank has four Strategic Business Units – Consumer Banking, Corporate Banking, Commercial Banking and Treasury, which cater to retail and corporate customers across urban and rural India.
The right environment makes all the difference. At Kotak Bank, we pride ourselves on having built a dynamic culture that brings out the best in you. Our culture is one of our biggest strengths. It's what sets us apart, and draws the best and the brightest in the industry. Our core values are at the heart of our steady success and evolution as a company.
It’s not just our success that drives us. It’s the success of our people as well – on both the professional and personal front. From fitness drives to initiatives for their families, from recognition programs to employee volunteering, we carry out a wide range of engagement efforts to bring more joy to our community. This is the Kotak way of life.
At Kotak Bank, we believe that building our future begins with building more leaders within the organization. That’s why we promote a wide range of talent development and recognition initiatives, all designed to give you the opportunity to learn, grow and maximize your potential.
These include 360o assessment, progress discussions, individual development plans, talent review discussions, leadership development programs and 350+ unique functional and developmental programs.
Our few flagship programs
✅Wellness Initiatives
✅Employee Engagement
✅Leadership Connect
✅Rewards and Recognitions
✅Strinsangini- The women's cell
✅Women friendly part-time work policy
✅Sabbaticals
✅Medical expense coverage
✅Health insurance
✅Extended maternity leave
✅Preferential reserved seats
✅All India creche tie-up
✅Work from home
✅Gymnasium
✅International relocation
✅Cafeteria
✅Soft skill training
✅Job training
✅Education assistance
✅Free transport
✅Women safety- Self-denfense workshops
✅Health and wellness programs
✅For working parents- programs, seminars and guest talks
✅Toy library- Based on recommendations by employees, a dedicated toy library has been launched, featuring a wide range of educational toys for children of all ages.
Our vision is to positively contribute towards economic, environmental and social well-being of communities through Corporate Social Responsibility agenda. Some of our initiatives are:
Founded in 2006, the Kotak Education Foundation (KEF) empowers young people from underprivileged families through various education-based initiatives, and equips them with employable skills so they can grow and live with dignity. It offers livelihood support to children and youth from Below Poverty Line (BPL) families in Mumbai, Thane and Raigad regions.