Company overview
- Sector
- Banking, Financial Services & Insurance
- Sub-sector
- Banking
- Mandate (derived)
- Multi-Function / Full-Stack GCC
- Parent headquarters
- Mumbai, Maharashtra, India
- Parent revenue (USD)
- $11,500,000,000
- Parent headcount
- 19,200
- India headcount
- Not disclosed
GCC locations
- Mumbai
- Bengaluru
- Hyderabad
Department mix
Global department counts, used as a proxy for the India mandate. These are not India team counts.
Technology stack
- AWS SDK for JavaScript
- AWS Trusted Advisor
- Adobe CQ
- Adobe Marketing Cloud
- Akamai DNS
- Amazon CloudWatch
- Amazon SES
- Bing Ads
- Bootstrap Framework
- Citrix NetScaler
- CloudFlare CDN
- CloudFlare Hosting
- Datadog
- DoubleClick
- DoubleClick Conversion
Public leadership
Anil Vaniyan
Senior Vice President Operations
Public leadership listed in the dataset; the role is not necessarily the India GCC head.
Research overview
Kotak Mahindra Bank is a major Indian financial services group headquartered in Mumbai, offering personal, business and NRI banking alongside wealth management, securities, asset management and insurance through its subsidiaries, with international presence including branches in Dubai and GIFT City, Gandhinagar.
- India launch
- Not disclosed
- Maturity
- Multi-Function / Full-Stack GCC
The bank runs a CTO-led technology organization alongside a dedicated operations leadership function spanning Mumbai, Bengaluru and Hyderabad, supporting technology, operations and shared services for the whole banking group rather than a single narrow function, which places it closer to a full-stack, multi-function internal hub than a single-purpose captive or CoE.
News and developments
Kotak Mahindra Bank to acquire Deutsche Bank's retail banking, private banking and wealth management business in India
Kotak Mahindra Bank signed a definitive agreement to acquire Deutsche Bank's India retail, affluent private banking and wealth management operations, covering roughly INR 29,000 crore in loans, INR 16,000 crore in deposits and INR 10,500 crore in AUM across ~150,000 customers; about 1,000 Deutsche Bank India employees are expected to transition to Kotak, with closing targeted by September 2027 pending regulatory approvals.
Kotak Mahindra Bank Strengthens Digital Security; Transitions Official Domain to kotak.bank.in
Following RBI directive RBI/2025-26/28 aimed at strengthening banking-sector cybersecurity, Kotak Mahindra Bank shifted its primary website and related digital/email infrastructure from kotak.com to kotak.bank.in effective October 31, 2025, as part of a broader digital security upgrade.
Kotak Mahindra Bank Announces Appointment of Bhavnish Lathia as Chief Technology Officer
Kotak Mahindra Bank named Bhavnish Lathia, who had spent three years advancing the bank's technology initiatives and building its engineering team, as Chief Technology Officer; CEO Ashok Vaswani framed the move around rapid technology deployment and closer collaboration between business and technology teams to transform the bank for scale.
Sources
Sources and research notes
Source: Indian GCC 2026 Master Compendium, Company Master and research records. Sector, mandate and public leadership are derived fields. Missing values are shown as not disclosed. Revenue and global headcount describe the parent company, not the India centre.