Kotak Mahindra Bank Limited (KOTAKBANK.BO)

1,610.00 -33.00 (-2.01%) As of 02:59PM IST. Market open.

Kotak Mahindra Bank Limited

Bandra Kurla Complex
27BKC, C 27 G Block Bandra (East)
Mumbai 400051
India
91 22 6166 1615
https://www.kotak.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 103,317

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Krishnan Venkat Subramanian Manian	President of Corporate, Institutional & IB, Member of Executive Board & Joint MD	53.05M	N/A	1967
Ms. Shanti Ekambaram	Group President of Consumer Bank, Member of Executive Board & Deputy MD	33.03M	N/A	1963
Mr. Ashok Valiram Vaswani	MD & Chief Executive Officer	N/A	N/A	1960
Mr. Devang C. Gheewalla	President & Group CFO	N/A	N/A	1968
Mr. Arvind Kathpalia B.A., M.B.A.	President, Group Chief Risk Officer & Member of Executive Board	N/A	N/A	1958
Mr. Devarajan Kannan	Group Head of Commercial Banking & Member of Executive Board	N/A	N/A	N/A
Mr. Mohan Narayan Shenoi	Member of Executive Board	N/A	N/A	1958
Mr. Venkattu Srinivasan	Group Head of Asset Reconstruction & Structured Credit and Member of Executive Board	N/A	N/A	N/A
Mr. S. A. Narayan	President of Commercial Banking & Retail Broking and Member of Executive Board	N/A	N/A	1960
Mr. Milind Nagnur	CTO & COO	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Kotak Mahindra Bank Limited provides a range of banking and financial services to corporate and individual customers in India. It operates through Treasury, BMU and Corporate Centre; Retail Banking; Corporate / Wholesale Banking; Vehicle Financing; Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; and Insurance segments. The company offers savings, current, and salary accounts; fixed, recurring, tax saving fixed, senior citizen and fixed deposit products; home, personal, business, payday, gold, education, Commercial Vehicle, car, and crop loans as well as loan against securities and properties; land-based project, construction equipment / infrastructure, farm equipment, healthcare, trade and supply chain, and working capital finance solutions; and credit and debit cards. It also provides Investment products; life, term, health, car, and two wheeler insurance; payment services; trade services; business management and marketing, enterprise resource planning, supply chain and logistics, human resource, business travel, workspace management, taxation and legal, and healthcare/medical equipment services; cash management services, such as digital payments, physical collections, digital collections, prepaid cards, and payment gateways; private banking services; net banking; and NRI services. Kotak Mahindra Bank Limited was incorporated in 1985 and is based in Mumbai, India.

Corporate governance

Kotak Mahindra Bank Limited’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 7; Board: 1; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.