India · Financial institution
Kotak Mahindra Bank Limited
Kotak Mahindra Bank Limited is an Indian public limited company with its registered office in Bandra Kurla Complex, Mumbai. It was founded in 1985 as the non-banking finance company Kotak Mahindra Finance Limited. It converted into a commercial bank under a Reserve Bank of India licence in 2003. Its shares are listed in India. Founder Uday Kotak and his promoter group hold about a quarter of the shares. The bank offers retail, commercial, corporate, private banking, treasury and trade services in India, with branches in GIFT City and the Dubai International Financial Centre (DIFC). ING Vysya Bank merged into it with effect from 1 April 2015.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- KKBKINBBXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under KKBKINBB directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 7 branch codes
- BIC first registered
- 2003-03-01
- Last updated
- 2026-03-28
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Publicly listed
Tickers KOTAKBANK · KOTAKBANK
Institution type
Commercial bank
Trades as Kotak
- Ownership
- The bank is listed, and founder Uday Kotak and his promoter group hold about 25.9% of the shares.
- Major shareholder
- Uday Kotak and promoter group 25.87% · 30 Jun 2026
- Stock listings
- National Stock Exchange of India KOTAKBANK
BSE KOTAKBANK - Head office
- 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), 400 051 Mumbai, India
- Company register
- CIN L65110MH1985PLC038137, Registrar of Companies, Mumbai
- Former name
- Kotak Mahindra Finance Limited
Business lines
The bank reports four segments: corporate/wholesale banking, retail banking (including a digital banking unit), treasury and balance-sheet management, and other banking business. Its subsidiaries separately run broking, asset management, insurance and investment banking.
Online
- Websites & references
- kotak.bank.in ↗
kotak.com ↗ former main domain, still used for some pages
kotak811.bank.in ↗ Kotak811 digital banking site, linked from the homepage
Wikidata Q2040404 ↗ - Official social accounts
- None found
Sources · 14 pages consulted
- kotak.bank.in/
- kotak.bank.in/en/investor-relations/governance/board-of-directors.html
- kotak.bank.in/en/about-us/executive-leadership.html
- kotak.bank.in/en/about-us/bank-leadership.html
- kotak.bank.in/content/dam/Kotak/investor-relation/Financial-Result/QuarterlyReport/FY-2027/q1/Press-Tab
- kotak.bank.in/content/dam/Kotak/investor-relation/Financial-Result/QuarterlyReport/FY-2027/q1/PressRele
- kotak.bank.in/en/personal-banking/nri/transfer-money/wire-transfer.html
- kotak.bank.in/en/personal-banking/nri/transfer-money/wire-transfer/list-of-swift-codes.html
- kotak.bank.in/content/dam/Kotak/files/correspondent_banks_in_foreign_countries.pdf
- business-standard.com/finance/news/rbi-lifts-restrictions-on-kotak-mahindra-bank-on-onboarding-new-customers-12
- freepressjournal.in/business/rbi-slaps-6195-lakh-penalty-on-kotak-mahindra-bank-for-regulatory-lapses
- multibagg.ai/market-pulse/articles/kotak-bank-ceo-succession-2026-cmqw9knqb01vfpg0jdrpcfzmf
- exchange4media.com/people-movement-news/manish-kothari-resigns-as-kotak-mahindra-banks-group-president-head-
- anandrathi.com/stocks/kotak-mahindra-bank-ltd/share-price-today
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Ashok Vaswani
Managing Director & CEO (term ends 31 December 2026; not seeking reappointment)
- Chair
-
C S Rajan
Non-Executive Independent Part-time Chairman
- Chief financial officer
-
Devang Gheewalla
Group Chief Financial Officer
- Executive
-
Uday Kotak
Non-Executive Director (Founder)
- Executive
-
Anantha Raman
Chief Compliance Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- India
- Reserve Bank of India Central bankPrudential supervisorAML supervisorForeign exchangeConduct
- India
- Securities and Exchange Board of India Securities
Recent events 2 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Leadership
The bank disclosed that Manish Kothari, Group President and Head of Commercial Bank, resigned with effect from 30 September 2026.
exchange4media.com ↗ -
Merger / acquisition
The bank signed an agreement to acquire Deutsche Bank's retail, private banking and wealth business in India, subject to regulatory approvals.
kotak.bank.in ↗ -
Leadership
The bank disclosed that MD and CEO Ashok Vaswani will not seek reappointment when his term ends on 31 December 2026.
multibagg.ai ↗ -
Enforcement
The Reserve Bank of India fined the bank INR 6.195 million over rules on basic savings accounts, business correspondents and credit information reporting.
freepressjournal.in ↗ -
Licence
The Reserve Bank of India lifted its April 2024 restrictions on online customer onboarding and new credit cards after remedial measures and an external audit.
business-standard.com ↗ -
Enforcement
The Reserve Bank of India barred the bank from onboarding customers online and issuing new credit cards, citing IT risk governance deficiencies.
upstox.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- KKBKINBBXXX
- How the BIC breaks down
- KKBKBank
- INCountry · India
- BBLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 335800E6GTTXKHXE2I75
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank codes
- IFSC KKBK0000131 + 2,559 more · MICR code 110485002 + 2,479 more
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- India · South Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1985
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Kotak Mahindra Bank Limited group has 4 institutions in the directory, in 3 countries: all hold a BIC.
Including Kotak Mahindra (UK) LTD, Kotak Mahindra Bank Limited, Kotak Securities Limited.
See the Kotak Mahindra Bank Limited group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- BANDRA KURLA COMPLEX C-27, G BLOCK 27 BANDRA (E) MUMBAI, MAHARASHTRA 400051 INDIA
- Operational address
- BANDRA KURLA COMPLEX, C-27, G BLOCK 27 BANDRA (E) MUMBAI MUMBAI 400051 INDIA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>KKBKINBBXXX</BICFI>
<LEI>335800E6GTTXKHXE2I75</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>KKBKINBBXXX</BICFI>
<LEI>335800E6GTTXKHXE2I75</LEI>
<Nm>KOTAK MAHINDRA BANK LIMITED</Nm>
<PstlAdr>
<TwnNm>MUMBAI</TwnNm>
<Ctry>IN</Ctry>
<AdrLine>BANDRA KURLA COMPLEX C-27, G BLOCK 27 BANDRA (E) MUMBAI</AdrLine>
<AdrLine>MAHARASHTRA 400051</AdrLine>
</PstlAdr>
</FinInstnId>At least 10 national bank codes route to this BIC. The blocks add none, because the right one depends on the account.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
National bank codes
IFSC · India
Showing 10 of 2,560 codes file of 2026-09-01 · ISO 20022 clearing system code INFSC
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| KKBK0000131 | KKBKINBBXXX | Kotak Mahindra Bank | KANPUR |
| KKBK0000132 | KKBKINBBXXX | Kotak Mahindra Bank | RAIPUR |
| KKBK0000133 | KKBKINBBXXX | Kotak Mahindra Bank | BILASPUR |
| KKBK0000137 | KKBKINBBXXX | Kotak Mahindra Bank | ALLAHABAD |
| KKBK0000141 | KKBKINBBXXX | Kotak Mahindra Bank | LUCKNOW |
| KKBK0000142 | KKBKINBBXXX | Kotak Mahindra Bank | GORAKHPUR |
| KKBK0000143 | KKBKINBBXXX | Kotak Mahindra Bank | AGRA |
| KKBK0000144 | KKBKINBBXXX | Kotak Mahindra Bank | MORADABAD |
| KKBK0000145 | KKBKINBBXXX | Kotak Mahindra Bank | RUDRAPUR |
| KKBK0000146 | KKBKINBBXXX | Kotak Mahindra Bank | JAMSHEDPUR |
MICR code · India
Showing 10 of 2,480 codes file of 2026-09-01
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 110485002 | KKBKINBBXXX | Kotak Mahindra Bank | DELHI |
| 110485003 | KKBKINBBXXX | Kotak Mahindra Bank | GURGAON |
| 110485004 | KKBKINBBXXX | Kotak Mahindra Bank | NOIDA |
| 110485005 | KKBKINBBXXX | Kotak Mahindra Bank | DELHI |
| 110485006 | KKBKINBBXXX | Kotak Mahindra Bank | DELHI |
| 110485007 | KKBKINBBXXX | Kotak Mahindra Bank | DELHI |
| 110485008 | KKBKINBBXXX | Kotak Mahindra Bank | PALAM |
| 110485009 | KKBKINBBXXX | Kotak Mahindra Bank | DELHI |
| 110485010 | KKBKINBBXXX | Kotak Mahindra Bank | DELHI |
| 110485011 | KKBKINBBXXX | Kotak Mahindra Bank | DELHI |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Branches and correspondent banking
All 7 branch BICs connect to the head office, spread across 3 functions. Largest: Treasury & markets (2), Trade finance (2), Securities & custody (1). The bank publishes 22 accounts at other banks, across 6 regions. 2 other banks publish 2 accounts held with this bank.
All 7 branch BICs connect to the head office, spread across 3 cities. Largest: Mumbai (4), Bangalore (2), Gandhinagar (1). The bank publishes 22 accounts at other banks, across 6 regions. 2 other banks publish 2 accounts held with this bank.
All 7 branch BICs connect to the head office. Most were registered in 2003 (3 BICs) and 2016 (2). The bank publishes 22 accounts at other banks, across 6 regions. 2 other banks publish 2 accounts held with this bank.
- Own offices
- Correspondent banks: it holds accounts there
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
22 accounts at other banks, in 17 currencies, as the bank publishes them: kotak.bank.in ↗
| Currency | Correspondent | BIC | Account | Purpose | Directory check |
|---|---|---|---|---|---|
| USD | The Bank of New York Mellon, New York United States | IRVTUS3NXXX | 8900517794 | inward remittances | Matches the Swift directory |
| USD | JP Morgan Chase Bank United States | CHASUS33 | 400913062 | inward remittances | Matches the Swift directory |
| USD | Wells Fargo United States | PNBPUS3NNYC | 2000193008564 | inward remittances | Matches the Swift directory |
| USD | Bank of America NA United States | BOFAUS3NXXX | 6550591192 | inward remittances | Matches the Swift directory |
| EUR | Standard Chartered Bank, Frankfurt Germany | SCBLDEFXXXX | 500006901 | inward remittances | Matches the Swift directory |
| JPY | Sumitomo Mitsui Banking Corporation, Tokyo Japan | SMBCJPJTXXX | 4904 | inward remittances | Matches the Swift directory |
| GBP | Standard Chartered Bank United Kingdom | SCBLGB2L | 01 250776501 | inward remittances | Matches the Swift directory |
| AED | Emirates NBD PJSC, Dubai United Arab Emirates | EBILAEAD | 1261168007501 | inward remittances | Matches the Swift directory |
| CHF | Zurcher Kantonalbank, Zurich Switzerland | ZKBKCHZZ80A | 0700 00045 381 | inward remittances | Matches the Swift directory |
| CAD | Bank of Montreal Canada | BOFMCAM2 | 31441039703 | inward remittances | Matches the Swift directory |
| SGD | DBS Bank Ltd Singapore | DBSSSGSG | 037-003468-1 | inward remittances | Matches the Swift directory |
| SGD | OCBC Bank, Singapore Singapore | OCBCSGSG | 517-784310-001 | inward remittances | Matches the Swift directory |
| AUD | ANZ Bank, Australia Australia | ANZBAU3M | 925107AUD00001 | inward remittances | Matches the Swift directory |
| HKD | HSBC Bank, Hong Kong Hong Kong SAR China | HSBCHKHHHKH | 500830666001 | inward remittances | Matches the Swift directory |
| SEK | Skandinaviska Enskilda Banken AB Sweden | ESSESESSXXX | 55558502398 | inward remittances | Matches the Swift directory |
| ZAR | Ned Bank, Sandton South Africa | NEDSZAJJXXX | 1986253287 | inward remittances | Directory name differs NEDBANK LIMITED |
| SAR | The National Commercial Bank, Jeddah Saudi Arabia | NCBKSAJE | 55535109000109 | inward remittances | Directory name differs THE SAUDI NATIONAL BANK |
| NZD | ANZ BANK NEW ZEALAND New Zealand | ANZBNZ22XXX | 925107NZD00001 | inward remittances | Matches the Swift directory |
| CNY | HSBC BANK (CHINA) COMPANY LIMITED China | HSBCCNSH | 715-027058-011 | inward remittances | Matches the Swift directory |
| CNH | HSBC Bank, Hong Kong Hong Kong SAR China | HSBCHKHHHKH | 500-830666-209 | inward remittances | Matches the Swift directory |
| KWD | NATIONAL BANK OF KUWAIT S.A.K.P, KUWAIT | NBOKKWKWX | 2021384637 | inward remittances | Malformed BIC |
| — | Standard Chartered Bank Bangladesh | SCBLBDDX | 15111167001 | Asian Currency Unit (ACU) settlement | Matches the Swift directory |
The source is an HTML table headed 'Swift Code of Corresponding Banks' on the NRI wire-transfer section, for inward remittances to Kotak accounts. The page shows no date. All 23 rows were extracted, with BICs exactly as printed, including spaced forms such as 'SCBL GB 2L'. Clearing codes printed on the page: USD BNY Mellon row FED ABA 021000018 and CHIPS UID 402260; EUR row IBAN DE68512305000500006901 and BLZ 51230500; AED row IBAN AE430260001261168007501; CHF row IBAN CH78 0070 0070 0000 4538 1. An older PDF at https://www.kotak.bank.in/content/dam/Kotak/files/correspondent_banks_in_foreign_countries.pdf lists different correspondents for some currencies and is likely stale. Examples: AED at Commercial Bank of Dubai, CAD at Bank of New York Mellon Toronto, AUD at Westpac, HKD at JPMorgan, SEK/DKK at Handelsbanken. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Respondent banks
From the correspondent lists other banks publish
2 other banks publish 2 accounts held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| INR | Bayerische Landesbank, Muenchen Germany | KKBKINBB | 0013883706 | commercial payments | bayernlb.de ↗ dated 9 Feb 2026 |
| INR | Zuercher Kantonalbank Switzerland | KKBKINBBCPC | — | — | zkb.ch ↗ dated 12 Jan 2026 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| KKBKINBBBLR | TRADE FINANCE UNIT | Bangalore | 22 MG ROAD BANGALORE BANGALORE INDIA | — | 2026-03-28 |
| KKBKINBBCPC | CPC - TRADE FINANCE | Mumbai | INFINITY PARK BUILDING NUMBER 21 OFF WESTERN EXPRESS HIGHWAY GENERAL AK VAIDYA MARG,MALAD MUMBAI MUMBAI 400097 INDIA | 335800E6GTTXKHXE2I75 | 2026-03-28 |
| KKBKINBBCUS | CUSTODY OPERATION | Mumbai | KOTAK INFINITI BUILDING NO FLOOR 6 INFINITY PARK, MALAD (EAST) MUMBAI MUMBAI 400097 INDIA | 335800E6GTTXKHXE2I75 | 2026-03-28 |
| KKBKINBBFES | FOREIGN EXCHANGE SERVICES | Bangalore | 22 MG ROAD BANGALORE BANGALORE INDIA | — | 2026-03-28 |
| KKBKINBBGFT | GIFT CITY, GANDHINAGAR | Gandhinagar | GANDHINAGAR GANDHINAGAR INDIA | — | 2026-03-28 |
| KKBKINBBNRI | NRI CELL | Mumbai | INFINITY PARK BUILDING NUMBER 21 OFF WESTERN EXPRESS HIGHWAY GENERAL AK VAIDYA MARG,MALAD MUMBAI MUMBAI 400097 INDIA | 335800E6GTTXKHXE2I75 | 2026-03-28 |
| KKBKINBBTRY | TREASURY | Mumbai | BAKHTAWAR FLOOR 2 229 NARIMAN POINT MUMBAI MUMBAI 400021 INDIA | 335800E6GTTXKHXE2I75 | 2026-03-28 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- National bank codes—India (Source: Reserve Bank of India (NEFT and RTGS IFSC lists), compiled by Razorpay (razorpay/ifsc)).
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: kotak.bank.in (official website) · original; Ashok Vaswani: kotak.bank.in (official website) · original; C S Rajan: kotak.bank.in (official website) · original; Devang Gheewalla: kotak.bank.in (official website) · original; Uday Kotak: kotak.bank.in (official website) · original; Anantha Raman: kotak.bank.in (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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