Kotak Mahindra Bank Limited

Kotak Mahindra Bank is a Mumbai-based financial services company offering banking, investment, insurance, and wealth management solutions for individuals and businesses.

About

Kotak Mahindra Bank Limited is an Indian financial services and banking company based in Mumbai. It provides a wide range of products and services for Read more both corporate and retail customers, including personal finance, investment banking, life insurance, and wealth management.

Grant Value

  • 2023-24

    Grant Value
    Rs. 2,30,81,00,000
    CSR Budget
    Rs. 2,30,24,00,000
  • 2022-23

    Grant Value
    Rs. 1,87,95,00,000
    CSR Budget
    Rs. 1,86,53,00,000
  • 2021-22

    Grant Value
    Rs. 65,93,87,532
    CSR Budget
    Rs. 1,61,11,02,316

Vision & Mission

  • Vision

    To improve the quality of life of communities through positive impact on economic, social and environmental parameters and in alignment with India’s social development objectives and UN’s SDGs.

  • Mission

    To create a lasting value for communities in need by promoting and supporting education, livelihood, healthcare, sports and environmental and sustainable development initiatives and others including to reduce inequalities faced by socially and economically backward groups, relief and rehabilitation, and intervention towards an educated, employed, healthier and a cleaner India, with an aim to serve communities at large and to transform their lives, in a collaborative manner by working with internal and external stakeholders.

    KMBL has defined CSR Focus Areas to make a concerted effort to achieve a meaningful and measurable social impact. On a case-to-case basis, the CSR programs and/or projects which are outside KMBL’s defined six CSR Focus Areas but are eligible CSR activities under Section 135 read with schedule VII of the Act along with the CSR Rules, 2014 as amended from time to time and in line with the Government of India’s notifications issued from time to time, shall be approved by the Corporate Social Responsibility and Environment, Social and Governance Committee (CSR & ESG Committee).

Geographical Coverage

Tamil Nadu
Bihar
Delhi
Gujarat
Kerala
Madhya Pradesh
Maharashtra
Punjab
Rajasthan
Uttar Pradesh
Telangana
Andhra Pradesh
Karnataka
Goa
Jharkhand
Uttarakhand
Odisha
Chhattisgarh
West Bengal
Haryana
Chandigarh

Programs

  • Education & Livelihood (PWD)

    Description

    Over 2,000 Persons with Disabilities (PwDs) received sector-specific skill training through collaborations with multiple agencies. In FY 2023-24, nearly 1,500 PwDs secured placements, achieving financial independence, and 211 deaf youths were supported in pursuing higher education.

    An AI-enabled job platform for PwDs, with over 1.64 lakh aspirants and 1,293 participating companies, facilitated more than 1,600 placements during the year. Additionally, an upgraded online resource platform for parents of children with special needs recorded over 2 lakh unique users in FY 2023-24.

    Cause
    Education
    States
    Tamil Nadu
    Bihar
    Delhi
    Gujarat
    Kerala
    Madhya Pradesh
    Maharashtra
    Punjab
    Rajasthan
    Uttar Pradesh
    Telangana
    Demographics
    PwD
    Children with Special Needs
    Impact
    People with disability benefited 3,600
    People benefited 1,65,500
  • Education & Livelihood

    Description

    Science programme - Using NCERT-aligned science content customized for UPSCERT, the program reached schools, benefiting students. Trained teachers, District Coordinators, and science mentors, tracking progress through the Skills to Proficiency (STP) metric. This CSR initiative uniquely integrates technology, gender equity, and capacity building within public school systems.

    Improving Learning Outcomes in Schools - Focuses on improving learning outcomes through teacher empowerment, digital education, and addressing the educational needs of children in schools and communities. The organization works in areas such as school leadership, foundational literacy, numeracy, digital learning, teacher training, and communicative English. Introduced vernacular Science content to rural government schools and promoted ICT-based teaching through educator training. Its Girl Child Education project has supported the reintegration of girls into formal schooling. Additionally, it has supported early childhood education through Balwadis and Creches at construction sites and undertaken infrastructure improvements by renovating government schools and upgrading Anganwadis in various states.

    Supporting Higher Education - Students were supported through scholarship programs. The Kotak Shiksha Nidhi initiative provides financial assistance to students who lost a primary earning member to COVID-19, while Kotak Kanya empowers meritorious girls from economically disadvantaged backgrounds to achieve their career aspirations.

    Cause
    Education
    States
    Andhra Pradesh
    Karnataka
    Bihar
    Goa
    Gujarat
    Jharkhand
    Kerala
    Madhya Pradesh
    Maharashtra
    Punjab
    Rajasthan
    Uttar Pradesh
    Uttarakhand
    Odisha
    Telangana
    Chhattisgarh
    Demographics
    Students
    Teachers
    Girls
    Impact
    Schools benefited 3,058
    Students benefited 65,300
    Teachers benefited 750
    District Coordinators benefited 70
    Science Mentors benefited 100
  • Education and livelihood

    Description

    Skill Development - Multiple organizations were supported to deliver sector-specific skill development programs aimed at enhancing youth employability. Youths received training, with successfully securing placements with various organizations or starting their own entrepreneurial ventures.

    Entrepreneurship - Entrepreneurship among women, including those from tier-2 and tier-3 cities in India, was actively promoted through the Women’s Startup Programme managed by IIM Bangalore. The initiative provided mentoring and advisory support to nurture women-led ventures.

    Promoting rural livelihoods - Farmers benefited through initiatives focused on agriculture, livestock, and Non-Timber Forest Products to enhance incomes. In rural Maharashtra, 74 small enterprises received training and support, while women farmers in Mandla, Madhya Pradesh, were trained in oilseed value addition. Additionally, community-managed institutions are being developed in Muzaffarpur, Bihar.

    Cause
    Livelihood
    States
    Karnataka
    Bihar
    Madhya Pradesh
    Demographics
    Women
    Women Farmers
    Youth
    Impact
    Youth benefited 13,200
    Farmers benfited 12,870
    Women benefited 269
  • Healthcare

    Description

    Cancer Care - Interventions in cancer care focus on early detection, treatment support (including accommodation and nutrition), and hospice care.

    Touch Freedom - The Touch Freedom program empowers individuals with spinal cord injuries to independently manage daily activities. The assessment identifies each participant's specific needs and goals, enabling the creation of personalized rehabilitation plans.

    Improving access to healthcare - Affordable healthcare is provided to rural communities and low-income households through mobile medical vans, eye check-up camps, and oral cancer screenings. Beneficiaries received primary healthcare, and eye care services. Oral cancer screening camps were held at six markets and for police personnel in Mumbai. The organization also offered early interventions, rehabilitation, and mobility solutions for PwDs and supported the treatment of children with clubfoot in 45 districts of Uttar Pradesh.

    Improving healthcare infrastructure - The organization recognizes the importance of state-of-the-art healthcare infrastructure for providing holistic and quality healthcare. It has supported organizations such as Ramakrishna Mission, Eastern India Heart Care and Research Foundation, Mahamana Pandit Madan Mohan Malaviya Cancer Hospital, and Shri Vithalrao Joshi Charities Trust (Walawalkar Hospital in Chiplun) in developing critical healthcare infrastructure.

    Cause
    Healthcare
    States
    Andhra Pradesh
    Karnataka
    West Bengal
    Bihar
    Gujarat
    Haryana
    Madhya Pradesh
    Maharashtra
    Punjab
    Rajasthan
    Uttar Pradesh
    Telangana
    Chhattisgarh
    Chandigarh
    Delhi
    Tamil Nadu
    Demographics
    Children
    Cancer patients
    Impact
    Cancer patients benefited 5,900
    People benefited for primary healthcare 3,30,000
    People benefited with eye care camps 1,20,000
    Children with clubfoot benefited 6,700
  • Environment and Sustainable Development

    Description

    The organization supports ecosystem restoration initiatives that replenish water, reduce carbon, and benefit communities. With a focus on biodiversity and improving livelihoods, it has undertaken projects in both rural and urban landscapes.

    Cause
    Environment
    States
    Andhra Pradesh
    Karnataka
    Gujarat
    Haryana
    Madhya Pradesh
    Maharashtra
    Punjab
    Impact
    Farmers benefited 9,000
  • Sports

    Description

    The organization partnered with the Pullela Gopichand Badminton Foundation to develop a world-class badminton training facility in Hyderabad. In FY 2023-24, it supported 30 athletes with training, nutrition, sports science, and mental and physical wellbeing services. Additionally, a partnership with the Inspire Institute of Sport led to the implementation of a boxing training program, supporting 100+ junior and elite boxers who won 90 medals in domestic and international competitions.

    Cause
    Sports
    States
    Karnataka
    Telangana
    Demographics
    Youth
    Children
    Impact
    Athletes benefited 30
    Supported NGOs
  • Relief & Rehabilitation

    Cause
    Relief & Rehabilitation
    States
    Tamil Nadu
    Demographics
    Community
    Supported NGOs
    Partners for Relief & Rehabilitation

Impact

Impact made in FY 2023-24
People with disability benefited 3,600
People benefited 6,50,839
Schools benefited 3,058
Students benefited 65,300
Teachers benefited 750
District Coordinators benefited 70
Science Mentors benefited 100
Cancer patients benefited 5,900
Children with clubfoot benefited 6,700
Athletes benefited 30

Annual Reports

Leadership Team

  • Radha Anoop LinkedIn Logo
    Associate Vice President

Location

  • Headquarters

    27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra

    Directions

Contact

  • Email ID

    cr@kotak.com

  • Phone Number

    91-22-62042110

Point of Contact

  • Name

    C.S Rajan

  • Email ID

    cr@kotak.com