Kotak’s consolidated asset base stood at INR 6.2 trillion as of 31st March 2023 with market capitalization of INR 3.4 trillion

Kotak Mahindra Bank logo
Kotak Mahindra Bank

Mumbai, October 1 (MeelBijendra) – Kotak is one of India’s leading diversified and integrated financial services conglomerates, providing a wide range of financial solutions, covering banking (consumer, commercial and corporate), credit and financing, asset management, alternate assets, life and general insurance, stock broking, investment banking, private banking, microfinance and asset reconstruction across customer and geographic segments within India.

As a Group, Kotak also operates in overseas markets through international subsidiaries and branches in key geographies. The Bank is accelerating transformation with a sustained focus on customers, technology and talent, driving sustainable growth across businesses and customer segments.

Kotak’s consolidated asset base stood at INR 6.2 trillion as of 31st March 2023, with a market capitalization of INR 3.4 trillion.

Total assetsINR 6,20,430 cr
Total depositsINR 3,61,273 cr
Total investmentsINR 1,39,359 cr*
Total advancesINR 3,59,107 cr
Assets under managementINR 4,20,880 cr
Number of customers of the Bank41.2 million
Source: Kotak Mahindra; *Excludes Policyholders’ investments

Also read: Bank of Baroda’s total deposits increased by 15.1% YoY to INR 12,03,688 crore during FY 2023

Embracing the winds of change, Kotak has emerged as a transformative force in India’s financial landscape. Over the years the Bank has successfully navigated the emerging market dynamics and continuously adapted offerings to meet the needs of dynamic customers.

Driven by innovation and cutting-edge technology, Kotak is a leader in financial solutions, ushering in an era of convenience and empowerment.

Additionally, Kotak Bank is adopting sustainability and ESG practices to drive transformational progress and create sustainable value for its stakeholders.

Also read: Axis Bank says wealth management business ‘Burgundy’ remains largest in India with combined assets of INR 3.6 trillion