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Kotak Mahindra Bank
3.7
based on 19.1k Reviews
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Company Overview
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Working at Kotak Mahindra Bank
Company Summary
From launching Kotak Mahindra Finance Ltd. in 1985 to becoming one of the country’s most trusted financial institutions today, it’s been quite a journey.
Overall Rating
3.7/5
based on 19.1k reviews
3% below
industry average
Critically rated for
Promotions
Work Policy
Work from office
81% employees reported
Monday to Saturday
42% employees reported
Strict timing
52% employees reported
Within city
51% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
817 employees reported
Health insurance
634 employees reported
Cafeteria
261 employees reported
Office cab/shuttle
126 employees reported
View all benefits
About Kotak Mahindra Bank
Founded in1985 (40 yrs old)
India Employee Count50k-1 Lakh
Global Employee Count1 Lakh+
India HeadquartersMumbai, Maharashtra, India
Websitekotak.com
Primary Industry
Other Industries
View in video summary
Established in 1985, the Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank – Kotak Mahindra Bank Limited.
The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore.
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Kotak Mahindra Bank Ratings
based on 19.1k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
8.4k
4
4.2k
3
2.8k
2
1.2k
1
2.5k
Category Ratings
3.7
Job security
3.6
Skill development
3.5
Company culture
3.5
Work-life balance
3.4
Salary
3.4
Work satisfaction
3.2
Promotions
Kotak Mahindra Bank is rated 3.7 out of 5 stars on AmbitionBox, based on 19.1k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Gender Based Ratings at Kotak Mahindra Bank
based on 18.5k reviews
3.5
Rated by 4.3k Women
Rated 3.6 for Job security and 3.5 for Skill development
3.8
Rated by 14.2k Men
Rated 3.7 for Job security and 3.6 for Work-life balance
Work Policy at Kotak Mahindra Bank
based on 3.2k reviews in last 6 months
Work from office
81%
Hybrid
14%
Permanent work from home
5%
Kotak Mahindra Bank Reviews
Top mentions in Kotak Mahindra Bank Reviews
+ 5 more
Compare Kotak Mahindra Bank with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 19.1k reviews | 4.0/5 based on 41.9k reviews | 3.9/5 based on 43.5k reviews  | 3.7/5 based on 28.2k reviews |
Highly Rated for |  No highly rated category | Job security Skill development Company culture | Job security Skill development | No highly rated category |
Critically Rated for | Promotions |  No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 81% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 3.5 Good rated by 4.3k women | 3.9 Good rated by 11.1k women | 3.7 Good rated by 9.3k women | 3.6 Good rated by 6.1k women |
Rating by Men Employees | 3.8 Good rated by 14.2k men | 4.0 Good rated by 29k men | 3.9 Good rated by 32.1k men | 3.8 Good rated by 21k men |
Job security | 3.7 Good | 4.1 Good | 4.0 Good | 3.7 Good |
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Kotak Mahindra Bank Salaries
Kotak Mahindra Bank salaries have received with an average score of 3.4 out of 5 by 19.1k employees.
Deputy Manager
(11.5k salaries)
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₹1.7 L/yr - ₹8 L/yr
Relationship Manager
(2.6k salaries)
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₹1.6 L/yr - ₹10.2 L/yr
Associate Vice President
(1.6k salaries)
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₹8.3 L/yr - ₹33 L/yr
Brach Operation Manager
(1.2k salaries)
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₹3.2 L/yr - ₹11.5 L/yr
Credit Manager
(1.1k salaries)
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₹4 L/yr - ₹15.4 L/yr
Chief Manager
(1k salaries)
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₹8.8 L/yr - ₹32 L/yr
Service Officer
(887 salaries)
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₹1.7 L/yr - ₹4.7 L/yr
Junior Associate
(878 salaries)
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₹1 L/yr - ₹4.2 L/yr
Branch Manager
(838 salaries)
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₹7 L/yr - ₹26.4 L/yr
Deputy Manager Grade 2
(822 salaries)
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₹2.6 L/yr - ₹6.8 L/yr
Kotak Mahindra Bank Interview Questions
An Assistant Manager was asked 7mo agoQ. What is soiled cash?
A Credit Manager was asked 4mo agoQ. How do you conduct a fraud investigation?
A Relationship Manager was asked 2mo agoQ. Tell me about your experience in banking.
An Assistant Acquisition Manager was asked 1mo agoQ. How do you handle an aggressive customer?
A Deputy Manager was asked 2mo agoQ. What is the target for LI and GI products in HDFC Bank?
Kotak Mahindra Bank Jobs
Popular Designations Kotak Mahindra Bank Hires for
Popular Skills Kotak Mahindra Bank Hires for
Current Openings
Kotak Mahindra Bank News
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Markets surge 0.8% as Israel-Iran ceasefire boosts investor confidence
- The Sensex closed 0.85% higher at 82,755.51, while the Nifty 50 settled at 25,244.75, up by 0.8%.
- Market opened strong with Sensex and Nifty starting higher than the previous close.
- Indian equity markets experienced a recovery due to easing Middle East tensions and lower crude oil prices.
- Top gainers in Nifty 50 included Titan, Mahindra & Mahindra, Grasim Industries, Infosys, and JSW Steel.
- Top losers were Bharat Electronics Limited (BEL), Kotak Mahindra Bank, Eicher Motors, ONGC, and Axis Bank.
- Sectoral performance was positive with Nifty Media and Nifty IT leading the gains.
- Market sentiment improved post Israel-Iran ceasefire with bullish outlook aiming for Nifty levels around 25,750.
- Market breadth was positive with more stocks advancing than declining on the BSE.
- Nifty Midcap 100 rose 0.44%, while small-cap segment outperformed with gains of 1.49% and 1.59%.
- Rupee traded flat near 86.10; Gold prices remained steady around ₹97,220 in MCX.
- Upcoming U.S. economic data and global cues will impact rupee and gold prices.
- Technical analysts foresee Nifty testing the 25,350-25,450 zone with potential momentum towards 25,750 levels.
- A total of 109 stocks hit 52-week highs, while 43 touched 52-week lows on BSE.
- Market analysts suggest monitoring U.S. data like the PCE Price Index and GDP for market direction clarity.
- Overall market outlook remains positive with sustained momentum and global developments influencing investor sentiment.
- The market report was published on June 25, 2025.
HinduBusinessLine | 25 Jun, 2025
Groww triples profit to Rs 1,819 crore in FY25, raises $200 million in funding ahead of IPO
- Groww's parent company, Billionbrains Garage Ventures, saw its net profit surge to Rs 1,819 crore in FY25, marking a threefold increase over the previous year.
- The company reported revenue of Rs 4,056 crore and raised $200 million in funding at a $7 billion valuation, led by GIC and Iconiq Capital.
- Groww is moving forward with plans to go public and filed confidential draft IPO papers in May with SEBI to raise $700 million to $1 billion.
- JP Morgan, Kotak Mahindra, Citigroup, Axis Capital, and Motilal Oswal are set to manage the IPO, which will include both primary and secondary components.
- Founded in 2016, Groww has transitioned into a full-service wealthtech firm and is now India's largest stockbroker by active clients.
- As of February 2025, Groww reported 13 million active investors, surpassing Zerodha and Angel One in client numbers.
- In FY24, Groww recorded revenue of Rs 3,145 crore but ended with a net loss of Rs 805 crore after incurring a one-time Rs 1,340 crore tax expense during its domicile structure shift.
- FY25's positive results follow tighter regulatory scrutiny in the stockbroking sector by SEBI, impacting trading volumes and investor activity.
- Angel One saw a 49% year-on-year drop in net profit, while Zerodha's FY25 numbers are yet to be disclosed.
ISN | 14 Jun, 2025
IPO-bound Groww raises $200 million, profit up by 3 times in FY25
- Groww has raised $200 million by issuing 3.59 crore preference shares at a price of ₹482.8 each.
- The funds raised will be used for the company's growth and that of its subsidiaries.
- Government of Singapore Investment Corporation (GIC) and Iconiq Capital are injecting ₹867.5 crore each into Groww.
- This fundraising coincides with Groww's confidential filing with SEBI for an IPO to raise $700 million to $1 billion.
- The company's merchant bankers for the IPO include JP Morgan, Kotak Mahindra, Citigroup, Axis Capital, and Motilal Oswal.
- Groww, established in 2016, has become India's fastest-growing retail broking platform with a 26% market share in FY25.
- In fiscal 2025, Groww witnessed over a threefold increase in net profit to ₹1,819 crore and a 31% rise in revenue to ₹4,056 crore.
- In FY25, Groww added 34 lakh new accounts, capturing a 40% share of NSE's growth and increasing its active client base to 1.29 crore.
- Despite a net loss of ₹805 crore last year due to tax payments, Groww expanded into digital lending, wealth management, and acquired Fisdom for $150 million.
- The company's growth and financial performance indicate an upcoming IPO with substantial fundraising goals.
HinduBusinessLine | 13 Jun, 2025
Premier Energies Block Deal: Quant Mutual Fund, Premji Invest, SBI Life Among Top Buyers
- Premier Energies Ltd.'s block deal saw mutual funds and insurance companies acquiring shares, with notable buyers including Quant Mutual Fund, Premji Invest, and SBI Life Insurance Co.
- US-based GEF Capital Partners affiliate South Asia Growth Fund II Holdings sold 5.6% stake in Premier Energies for Rs 2,630 crore, while Quant Mutual Fund acquired 1.05% equity for Rs 500 crore and Premji Invest bought 0.74% for Rs 350 crore.
- Foreign investors like Morgan Stanley Asia, Goldman Sachs, Citigroup, Blackstone, and Nomura also participated in the block deal, along with domestic mutual funds such as Edelweiss, Axis, Kotak, and ICICI Prudential.
- Shares were traded at an average price of Rs 1,051.6 apiece. Premier Energies' stock settled nearly 1.9% higher at Rs 1,084.4 on the NSE, showing a 29% rise in the last 12 months despite a 19% fall this year.
Bloomberg Quint | 10 Jun, 2025
Railway stocks go off the rails, Kotak analysts flag disconnect between fundamentals, valuations
- Market capitalisation of seven railway stocks has surged by 20% or ₹61,000 crore in the last month.
- Kotak analysts highlighted a significant disparity between the fundamentals and valuations of railway stocks, with PSUs trading at high multiples of book value and price-earnings.
- The market is indiscriminate in its approach to sectors and stocks, driven by prevailing narratives like defence, electrification, and manufacturing.
- Kotak analysts foresee limited growth in railway capex in the medium term due to saturation of existing network capacity and uncertainty around new projects.
HinduBusinessLine | 9 Jun, 2025
Banks Brace For Margin Pressure In First Half Of FY26, Recovery Expected From Q3: Citi
- Indian banks are bracing for margin pressures in the first half of fiscal year 2026 due to repo rate cuts and repricing of external benchmark linked rate loans, according to Citi.
- Margins are expected to bottom out in the third quarter, followed by a gradual improvement from the fourth quarter as deposit costs catch up, potentially leading to a 25-30 basis points margin expansion by FY27.
- Private banks have already reduced savings deposit rates by 25 bps and term deposits by a cumulative 45 bps to ease funding costs over the next 18-20 months, supporting margin recovery.
- Top banking picks include HDFC Bank Ltd., ICICI Bank Ltd., and Kotak Mahindra Bank Ltd., expected to deliver steady earnings growth as margin pressures ease and credit costs remain manageable.
Bloomberg Quint | 3 Jun, 2025
Meesho To Issue 411 Cr Bonus Shares Ahead of IPO
- Meesho's shareholders approve the issuance of 411.4 Cr bonus shares before filing its IPO draft red herring prospectus (DRHP) with SEBI.
- The company to issue bonus shares of INR 1 each in the ratio of 47:1 to existing equity shareholders, increasing paid-up capital to INR 420.1 Cr.
- Meesho plans to raise around $1 Bn through its IPO by end of 2025 and has appointed Morgan Stanley, Kotak Mahindra, and Citi as bankers for the offering.
- Founded in 2015, Meesho has transitioned from social commerce to a marketplace model, focusing on tier II, III cities, and beyond, and has raised over $1.6 Bn in funding to date.
Inc42 | 3 Jun, 2025
Top Indian Banks End FY25 With Stable Margins, Steady Profitability
- Top Indian banks, including HDFC Bank, Kotak Mahindra Bank, State Bank of India, ICICI Bank, and Axis Bank, ended the financial year ending March 2025 with stable margins, improved asset quality, and steady profitability.
- Margins remained largely stable across banks with banks like HDFC Bank, ICICI Bank, and Kotak Mahindra Bank reporting net interest margins (NIMs) of 3.46%, 4.41%, and 4.97% respectively.
- Asset quality improved across lenders as all five banks reported better asset quality, with declines in gross and net non-performing asset (GNPA and NNPA) ratios.
- Profit growth varied across banks, but return ratios remained firm. Banks expect moderate loan growth and margin pressure in FY26 with a focus on risk-adjusted returns, liability strategies, and digital operations.
Bloomberg Quint | 2 Jun, 2025
Shanti Ektambaram To Retire As Kotak Mahindra Bank Deputy Managing Director On Oct. 31
- Shanti Ekambaram, the Deputy Managing Director of Kotak Mahindra Bank, will retire on Oct. 31, 2025, following a request accepted by the bank's board of directors.
- In her letter to the Board, Ekambaram expressed gratitude for her over three-decade-long association with the Bank, stating the decision followed deep reflection.
- The Board also approved senior management changes during its meeting, including the appointment of Paritosh Kashyap as an Additional Director and Whole-time Director, and the upcoming retirement of Himanshu Vasa as the Chief Compliance Officer.
- Anantha Raman R has been appointed as the new Chief Compliance Officer, and Ashish Athalye will assume the role of Head of Internal Audit at Kotak Mahindra Bank.
Bloomberg Quint | 31 May, 2025
Nifty 50 Top Gainers, Losers On May 26: Bajaj Auto, JSW Steel To Zomato, UltraTech
- The Nifty 50 and BSE Sensex closed higher on May 26 with the Nifty 50 ending 0.60% higher at 25,001 and the Sensex up 0.56% at 82,176.
- Top gainers of Nifty 50 included Bajaj Auto, JSW Steel, Mahindra & Mahindra, Trent, and Hindalco Industries.
- Top losers of Nifty 50 were Eternal Ltd, UltraTech Cement, Kotak Mahindra Bank, Power Grid Corp, and Sun Pharmaceutical Industries.
- Stock prices of Bajaj Auto closed at Rs 8,958, JSW Steel at Rs 1,030, and M&M at Rs 3,075, while the biggest loser, Zomato parent Eternal Ltd, closed at Rs 226.65.
Bloomberg Quint | 26 May, 2025
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Kotak Mahindra Bank Subsidiaries
Kotak Mahindara Life Insurance
3.7
• 3.1k reviews
Kotak Securities
3.6
• 1.8k reviews
Kotak Mahindra Prime
4.0
• 1.2k reviews
Bss Microfinance
3.6
• 253 reviews
Kotak Mahindra General Insurance
3.8
• 236 reviews
Kotak Mahindra Asset Management Company
4.0
• 123 reviews
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Kotak Mahindra Bank Offices
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Kotak Mahindra Bank FAQs
When was Kotak Mahindra Bank founded?
Kotak Mahindra Bank was founded in 1985. The company has been operating for 40 years primarily in the Banking sector.
How many employees does Kotak Mahindra Bank have in India?
Kotak Mahindra Bank currently has more than 60,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Kotak Mahindra Bank based on the number of reviews submitted on AmbitionBox.
Does Kotak Mahindra Bank have good work-life balance?
Kotak Mahindra Bank has a Work-Life Balance Rating of 3.5 out of 5 based on 19,000+ employee reviews on AmbitionBox. 66% employees rated Kotak Mahindra Bank 4 or above, while 34% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Kotak Mahindra Bank work-life balance reviews for more details.
Is Kotak Mahindra Bank good for career growth?
Career growth at Kotak Mahindra Bank is rated as moderate, with a promotions and appraisal rating of 3.2. 34% employees rated Kotak Mahindra Bank 3 or below, while 66% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Kotak Mahindra Bank promotions / appraisals reviews for more detailed insights.
What are the cons of working in Kotak Mahindra Bank?
Working at Kotak Mahindra Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and salary & benefits, based on 19,000+ employee reviews on AmbitionBox.
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