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Kotak Mahindra Launches Fourth Kerala Branch

Vanessa Doctor

29 August 2010

Kotak Mahindra Bank has recently inaugurated its first branch in Kozhikode.

The new office is the Indian private bank's third in the state of Kerala. It was launched alongside the introduction of a specialty card for NRI clients, the Kotak NRI Credit Card.

"The commencement of our branch operations in Kozhikode is a gateway to deepen our reach and consumer engagements in the region," said C Jayaram, the executive director of the bank. "The city has been one of the fast developing ones, which provides us with significant growth opportunities."

The other branches in the state are in Kottayam, Kochi and Thrivananthapuram.

Since 1985, Kotak Mahindra has grown into one of the largest financial services firms in the country. The bank presently has a network of 263 branches across 152 locations in India.