Kotak Mahindra Bank (KOTAKBANK.NS)

Overall impact
C (50)

Commentary

Kotak Mahindra Bank is an average overall performer. With a 'C' rating of 49.6 for overall impact (40th percentile compared to all companies), Kotak Mahindra Bank ranks 141st out of 180 industry peers, behind Popular, Bancolombia, Banco Santander Chile and 137 others, and ahead of Macro Bank, HDFC Bank, Foreign Trade Bank of Latin America and 36 others. On top material causes for Kotak Mahindra Bank's industry (Banking), Kotak Mahindra Bank performs poorly in Affordable, Safe Housing (37.2 score), Healthy Oceans (31.6), Racial Justice and Civil Rights (33.6) and 2 other causes where it received a 'D' or 'F' score. Kotak Mahindra Bank did not receive an 'A' rating on any cause.
Impact
Cause KOTAKBANK.NS
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Employees
112,000
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
India
Share classes
KOTAKBANK.NS
Description
Kotak Mahindra Bank Limited provides a range of banking and financial services to corporate and individual customers in India. It operates through Treasury, BMU and Corporate Centre; Retail Banking; Corporate / Wholesale Banking; Digital Banking; Other Retail Banking; Vehicle Financing; Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; and Insurance segments. The company offers savings, current, and salary accounts; fixed, recurring, tax saving fixed, senior citizen, and fixed deposit products; home, personal, business, payday, gold, education, commercial vehicle, car, and crop loans, as well as loan against securities and properties; construction equipment, farm equipment, healthcare, trade and supply chain, and working capital finance solutions; and prepaid, credit, and debit cards. It also provides Investment products; life, term, health, car, and two wheeler insurance; payment services; trade services; business management and marketing, enterprise resource planning, supply chain and logistics, human resource, business travel, workspace management, taxation and legal, and healthcare/medical equipment services; cash management services, such as digital payments, physical collections, digital collections, and payment gateways; private banking services; net banking; and NRI services. Kotak Mahindra Bank Limited was incorporated in 1985 and is based in Mumbai, India.
Material causes
Ethos considers the following causes material for Kotak Mahindra Bank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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