| Kotak Mahindra Bank
Kotak Mahindra Bank
| Kotak Mahindra Bank
How would you introduce the legal team to our readers? The legal team of Kotak Mahindra Bank is a one-stop shop for all legal requirements of a financial services conglomerate...
Posting $4.4bn in revenue for 2016 and with almost 1,400 branches across the country, Kotak Mahindra Bank is also the fourth largest bank in India by market capitalisation. The company, supported by its legal team, has recently been making major strides in technology to allow customers to access their funds remotely via a range of services. Significant among these is the new “811” bank account which can be “set up in under ten minutes and allows customers to begin banking immediately subsequent to this. In addition, the company has been active in pursuing its M&A objectives, and recently bought out the remaining 26% equity stake held by Old Mutual in former joint venture Kotak Mahindra Old Mutual Life Insurance, with Kotak Mahindra now owning 100% of the company. In the above endeavours and more, the Kotak Mahindra legal team has displayed a versatile skillset that is fully capable of meeting the requirements of the myriad challenges of this major banking institution.