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

  • 2021-22

    Grant Value
    Rs. 659,387,532
    CSR Budget
    Rs. 1,611,102,316
  • 2022-23

    Grant Value
    Rs. 1,879,500,000
    CSR Budget
    Rs. 1,865,300,000
  • 2023-24

    Grant Value
    Rs. 2,308,100,000
    CSR Budget
    Rs. 2,302,400,000

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

Organisations Supported

    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
      States
      Demographics
      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
      States
      Demographics
      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
      States
      Demographics
      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
      States
      Demographics
      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
      States
      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
      States
      Demographics
      Impact
      Athletes benefited 30
      Supported NGOs
    • Relief & Rehabilitation

      Cause
      States
      Demographics
      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