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Kotak Mahindra Bank Ltd. was established in 1985 as Kotak Mahindra Finance Limited, a non-banking financial company, and was granted a banking license by the Reserve Bank of India in 2003, making it the first company in India to convert to a bank. As of 2013, the bank has over 500 branches and 1,000 ATMs, with a consolidated balance sheet of approximately $2.9 billion. The bank operates in four segments: treasury and balance sheet management, corporate/wholesale banking, retail banking, and other banking bu

Author

Juan Wright

Language

EN