On 22nd March 2021, Kotak Mahindra Bank Limited (KMBL) announced that the Great Place to Work® Institute has recognized it as a ‘Great Place to Work’ in 2021. KMBL has received this certification for its High-Trust and High-Performance Culture. Great Place to Work® Institute follows a rigorous and objective assessment process and is considered to be the global gold standard for defining great workplaces across businesses, academia, and government organizations.
Great Place to Work® Certification is one of the most prestigious achievements for any organization across the globe. For an organization to get certified, 70% or more of its employee respondents should rate the organization as a great workplace by Great Place to Work® Institute. Great Place to Work is globally recognized as an authority on building, sustaining, and recognizing High-Trust, High-Performance Culture at workplaces.
Sukhjit Pasricha, President & Group Chief Human Resource Officer, Kotak Mahindra Bank said, “Being Great Place to Work-Certified is indeed an honor for all of us at the bank, more so, as it comes at a time when the entire humanity is facing such a challenging time. Further, this recognition is a reflection of the immense faith that our employees have in the institution that continues to promote a fair and rewarding culture, which is what the Kotak story is about. However, being recognized as a ‘Great Place to Work’ is not a destination, but a continuous and ever-evolving journey. To become better year after year is our commitment.”
Kotak Mahindra Bank Limited
Established in 1985, Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank – Kotak Mahindra Bank Ltd. The Bank has four Strategic Business Units – Consumer Banking, Corporate Banking, Commercial Banking, and Treasury, which cater to retail and corporate customers across urban and rural India. The premise of Kotak Mahindra Group’s business model has concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked. As of 31st December 2020, Kotak Mahindra Bank Ltd has a national footprint of 1,603 branches and 2,573 ATMs, and branches in GIFT City and DIFC (Dubai).