Kotak Mahindra Bank
Kotak Mahindra Bank stands fourth among the entire Indian private sector bank. It headquartered in Mumbai, Maharashtra. Its registered office is in Mumbai, Maharashtra, India. Kotak Mahindra Finance Ltd. (KMFL) is the flagship company of Kotak Mahindra Bank.
The bank was established in 1985 by Uday Kotak. In February 2003, KMFL got a banking license from the Reserve Bank of India (RBI) which made Kotak Mahindra Bank India’s first non-banking company to become a bank. The bank offers deposit accounts, loans, investment services, business banking solutions, treasury and fixed income products etc.
Kotak Mahindra Asset Management Company Ltd (KMAMC) is a subsidiary of the KMFL. It is the asset manager of the Kotak Mahindra Mutual Funds. It was started in December 1998 and is having approximately 7.5 lac investors in different schemes. The 79 branches of the company are present in over 76 cities. It was the first fund house in India to launch a good gilt scheme which allows investing only in schemes by government.
The network is having its representative offices in San Francisco, New York, London, Mauritius, Dubai and Singapore, resulting in services for approximately 5.6 million customer accounts. KMFL is a diversified financial institution with its interest in life insurance (Kotak Mahindra Old Mutual Life Insurance Ltd.), vehicle financing (Kotak Mahindra Primus), investment banking (Kotak Securities), mutual funds (Kotak Mahindra Asset Management
The Mahindra Group is an Indian conglomerate spread over various countries, headquartered at Mahindra Towers in Mumbai, India, operating in over 100 countries around the globe. The group has a presence in farm equipment, agribusiness, aerospace, automotive, construction equipment, defense, energy, finance and insurance, aftermarket, industrial equipment, leisure and hospitality, logistics, real estate, information technology, retail, components, and two wheeler industry. It is considered among one of the most reputable Indian industrial houses [with market leadership in utility vehicles as well as tractors in India.
If we consider with other investment options equity mutual fund is provide maximum benefits to the investors. Asset Management Company that properly invest it’s client fund into the security market as per their objectives which has defined in their prospectus. The fund manager has proper team to research so to make proper planning for investment with strategy and to succeed the highest market return.
Malayan Banking Berhad (Maybank) is a Malaysian universal bank. Maybank is the largest bank in Malaysia. Maybank is the first bank in Malaysia and it was established in 1960s. Maybank is founded by Malaysia business tycoon Khoo Teck Puat. Besides that, it is the largest listed company by market capitalization on the Bursa Malaysia in 1962. Maybank is also one of the largest banks in Southeast Asia with the total assets of exceeding US$ 183 billion and net profit of US$ 1.92 billion in 2014. Maybank grow rapidly by expand the business to more than 150 branches within 3 years. There are several product and services are provided by Maybank Group. For example, commercial banking, investment banking, Islamic banking, offshore
Kotak Mahindra Bank ltd. is an Indian bank and financial service firm which was established in 1985. Earlier, it was known as Kotak Mahindra Finance Limited, a NBFC(non-banking financial company). In feburary 2003, the Reserve bank of India gave license to Kotak Mahindra Finance ltd. to carry our baking business in the country and in the history of Indian Banking, it is the first company that is being converted into bank. As so September 2014, the bank has consolidated balance sheet of US $3.3 billion and has over 500 branches and more than 1000 ATM’s across the country.
Malayan Banking Berhad is the holding company and listed entity for the Maybank group with branches in Malaysia, Singapore and other international financial centres such as London, New York, Hong Kong and Bahrain. Maybank was established in 1960, and today is the largest company by market capitalisation on the Malaysian Bourse. It is ranked first among listed Malaysian companies and among the top 500 companies in the Forbes Global 2000 leading companies of the world. The Maybank group offers a comprehensive range of products services that includes commercial banking, investment banking, Islamic banking, offshore banking, leasing and hire purchase, insurance, factoring, trustee services, asset management, stock broking, nominee
My ambition is to become an investment manager in an investment bank. In order to reach my objective, I want to acquire the advanced knowledge necessary to manage, structure and monitor investment portfolios. Having a master degree in finance would be a great advantage to me towards my dreamed career. I wish to contribute the knowledge as an expert in the development of Malaysia in the field of finance. For Malaysia to prosper and progress, the financial factor is one of the
The creation of the Funds is carried out in a context of power change between the social agents. In the eighties, the closing-down of factories and the rise of unemployment were being advantageous to the "responsible of growth" or company and the investors. The MAF positioned itself next to the growth boosters and proposes a form of
Metropolitan Financial Mortgage Company was incorporated February 2, 2004 under the laws of the State of Minnesota and became licensed as a money broker in the State of North Dakota on July 22, 2009. The Licensee is headquartered in Edina, Minnesota and has one branch office location in Little Canada, Minnesota, which is currently only licensed to operate in Minnesota. Metropolitan Financial Mortgage Company is solely owned by Ronald W. Welbaum.
Although there are number of conventional banks that offer shari’ah-compliant products in their banking services, there are two major shari’ah compliant banks registered in Kenya which all of them are under the supervision of Kenya’s central bank (KCB) and they are given the same treatment as the other conventional banks in Kenya. These are Community Bank Limited, and Gulf African Bank. According to Azizul (1999) most Islamic banks that are working under the contemporary world operate in a mixed environment in which conventional banks function side by side with the Islamic banks and there are only few instances where special Islamic banking legislation was approved to define a new relationship between Islamic banks and the central bank. Ndungu (2010) noted that the concept of Islamic Finance has generated a lot of interest and overwhelming
Mutual fund Industry was introduced in India 1963 with the formation of Unit Trust of India. During the last few years many extraordinary and rapid changes have been taking place in the Mutual fund industry. Indian economy is highly developing. The development is taken place due to the growth in the financial system.
Keck Seng (Malaysia) Berhad (KSBM) is a Malaysia-based investment holding company and public listed company in Bursa Malaysia since 1976 and its stock code is 3476. KSBM formerly known as Keck Seng Malaysia which established in year 1943 and the co-founder of the company is Mr. Ho Yeow Koon. KBSM’s headquarter is located in Kuala Lumpur, Malaysia. The vision of KSBM is to diversified their corporation and provide sustainable long term growth that can create value to shareholders. (KSBM, 2016) Previously, Keck Seng is a small trading business in Singapore and subsequently expanded and invested in Malaysia by bought few piece of land in Masai, Johor and ventured into rubber planting and oil palm cultivation. The rubber plantation in year 1959 was the beginning of Keck Seng Malaysia and diversified their business into various categories.
Nakamichi Corporation Berhad (NAKA) was incorporated in Malaysia under the Companies Act, 1965 on 24 May 1994 which was named as Capetronic Consumer Electronics Holdings Berhad. On 21 July 1997, Capetronic Consumer Electronics Holdings Berhad being listed on the Second Board of the Kuala Lumpur Stock Exchange which is now called as Bursa Securities. Capetronic Consumer Electronics Holdings Berhad officially changed their company name to Nakamichi Corporation Berhad on 31 May 2001.
A big hand was of Madhavapura Mercantile Co-operative Bank(MMCB). Madhavpura Mercantile Co-operative Bank (MMCB) issued him credit regularly against his overpriced ICE (Information, Communication and Entertainment) stocks. MMCB violated Reserve Bank of India (RBI) regulations by providing Ketan Parekh's companies about Rs.840 crores. Banks such as Global Trust Bank(GTB) and Standard Chartered had also given Ketan Parekh an over-draft facility which he used to recycle funds into the market. SEBI's investigations reveal that, Ketan Parekh had access to almost Rs.2,000 crores of funds, primarily from banks by the end of march. "Ketan Parekh misused the banking system to channelise banking funds into the stock market," the SEBI reports said. MMCB crossed its capital market exposure limits by issuing funds to Ketan Parekh without proper collateral security. MMCB's loans to stock markets were around Rs 10 billion out of which amount lent to Ketan Parekh and his firms were over Rs 8
Maury F. Dieterich was appointed the new managing director of GM (K). Mr. Dieterich had been the financial director for three years prior to this, and he was therefore already well known by the local staff. Mr. Dieterich, as managing director, is a member of the board of GM (K), which is presently chaired by Mr. Bernard Hinga. Mr. Hinga and most directors are Kenyans.
During the privatization process it was incorporated as a public Limited Company on 21st May, 2007 vide certificate of incorporation No-C66933 (4425)07. The Bank