Kotak Mahindra Bank
Kotak Mahindra Bank is an Indian financial services company headquartered in Mumbai.
The bank was formed after Kotak Mahindra Finance received a banking license from the Reserve Bank of India in February 2003. This makes it the first non-banking finance company in India to convert into a ban In April 2015, ING Vysya Bank merged with Kotak Mahindra Bank, expanding its assets.
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.
Kotak Life launches term plan for emerging affluent Indians
Kotak Life launches term plan for emerging affluent Indians
The new offering expands Kotak Life’s range of term insurance products.
Zurich Kotak General Insurance reveals two new appointments
Both appointments will focus on the company’s Commercial Insurance unit.
Kotak Life launches AI-powered HR assistant
Its chief human resources said it aims to modernise HR services.
Zurich Insurance to boost India workforce by 40%
This is equivalent to 600 employees.
Zurich Insurance bags majority stake in Kotak Mahindra General Insurance
Total consideration for the acquisition amounts to $670m.
Commentary
AI isn’t replacing insurance, it’s finally making it work