Background: Kotak Mahindra Bank is one of the leading Private Sector Banks with a strong presence in Capital market related segments. Kotak Mahindra started business in the mid-1980s as a bill discounting company. Since then, it has entered various financial services businesses, such as securities, investment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 437 branches (target 500 branches in CY13) and less than a 1% share of system loans. Mr Uday Kotak, the major shareholder, and...