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Kotak Mahindra Primus was subsequently renamed as Kotak Mahindra Prime. [18] In 2006, Kotak Mahindra Bank bought out Goldman Sachs' 25% stake in Kotak Mahindra Capital for ₹ 210 crore (US$46.35 million) and 25% in Kotak Securities for ₹ 123 crore (US$27.15 million), turning both companies into its wholly-owned subsidiaries. [19]
The Kotak Mahindra Group was founded in 1985 as a provider of financial services. [8] [9] In February 2003, Kotak Mahindra Finance Ltd (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank, the parent company of Kotak Life Insurance. [10]
Uday Suresh Kotak (born 15 March 1959) is an Indian billionaire banker and founder of Kotak Mahindra Bank, where he is a non-executive director. [2] He resigned from his CEO position in September 2023. [ 3 ]
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Zurich Kotak General Insurance Company is an Indian general insurance company headquartered in Mumbai. It offers non-life insurance products like motor, car, bike, health, travel, home and others. [3] It is 70% owned by Swiss insurance company Zurich Insurance.
Coforge collaborated with NIIT Foundation and launched a CSR initiative "Shiksha." Coforge has four operational centers training over 5,000 underprivileged youth in IT skills and employability.
Indore city extends over the Vijay Nagar, forming East Indore, a continuation of the CBD. Indore has a large economy; however it tends to have a high vacancy rate. Just a few kilometres north of Vijay Nagar. Indore economy is expanding in all directions and it includes both the traditional agro industries and modern corporate and IT companies.
Indian Institute of Management Indore (often abbreviated as IIM-I) is an autonomous public business school located in Indore, Madhya Pradesh in India. Founded in 1996, IIM Indore is the sixth [ 4 ] institute in the Indian Institute of Management (IIM) system and was named as an institute of national importance in 2017 along with the other IIMs.