Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai. In February 2003, Reserve Bank of India issued the licence to Kotak Mahindra Finance Ltd , the group’s flagship company to carry on banking business. It offers a wide range of banking products and financial services for corporate and retail customers through variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking , general insurance, life insurance, and wealth management.