Kotak Mahindra Bank Mega off campus Drive 2024 | Junior Acquisition Manager

Kotak Mahindra Bank Mega off campus Drive 2024 | Junior Acquisition Manager

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Junior Acquisition Manager Role as hiring by Kotak Mahindra Bank Mega off campus Drive 2024. Bachelor’s Degree candidates can apply for the post.

Kotak Mahindra Bank Mega off campus Drive 2024 – Overview

Company Kotak Mahindra Bank
Role Junior Acquisition Manager
Qualification Bachelor’s Degree
Experience 1year
Location Ranchi/MUMBAI/GORAKPUR/KOLKATA/NELLORE/PUNE/VARANASI/GURGAON/
RAIPUR/GANDHIDHAM/RAJKOT/MEERUT/AJMER/GUNTUR/
COIMBATORE/ALIGARH/jaipur /NANDYAL/TIRUPPUR/KANPUR
Salary 3-7 LPA

ABOUT KOTAK MAHINDRA BANK COMPANY

One of the top private sector banks in India, Kotak Mahindra Bank Mega off campus Drive 2024 is renowned for offering a broad range of financial services and products. Since its founding in 1985, it has developed into a significant force in the banking and financial sector of India. Serving millions of clients nationwide, the bank provides services like insurance, wealth management, retail banking, and corporate banking.

Kotak Mahindra Bank Mega off campus Drive 2024 is renowned for its dedication to financial inclusion, creative digital banking solutions, and customer-centric philosophy. The bank is still a reliable option for people and companies looking for complete banking and financial solutions, with a significant presence in India and an expanding global reach.

acquisition of new clients (NTB) for the bank’s current account and savings account products through independent, external efforts. Customers will come from corporations, trusts, associations, societies, small enterprises, and private citizens. · Cost-effectiveness, revenue generation, customer acquisition, and customer retention By following procedures, policies, and laws · Hold new clients for three months to build relationships before transferring them to the branch banking team ·

Preserving Average Quarterly Balance · Holds frequent customer events and promotional activities to generate leads · Promotes MF, Gold, Insurance, and asset products cross-selling. The candidate must possess a strong sales mindset and be a recent graduate or fresher with relevant experience (at least one year in liabilities sales preferred). main source of motivation for reaching goals.

Mumbai serves as the corporate headquarters of the Indian banking and financial services firm Kotak Mahindra Bank Mega off campus Drive 2024 Limited. It provides corporate and retail clients with banking products and financial services in the areas of wealth management, investment banking, life insurance, and personal finance. After HDFC Bank and ICICI Bank, it is the third-largest private sector bank in India based on market capitalization.[6] By March 31, 2023, the bank will have 2,963 ATMs and 1,780 branches across the country.[7]

With a ₹30 lakh loan from family and friends, Uday Kotak established Kotak Capital Management Finance in 1985 as an investment and financial services company.[8] The business was later renamed Kotak Mahindra Finance Mega off campus Drive 2024, and Anand Mahindra and his father Harish Mahindra invested ₹1 lakh in it in 1986.[9] The company’s initial operations included lease and hire purchases in addition to bill discounting.[10]

The company began providing investment banking services and auto financing in the early 1990s, and it also started to expand internationally. Kotak Mahindra Finance and Ford Credit International formed the 60:40 joint venture that would eventually become Kotak Mahindra Primus Mega off campus Drive 2024, a vehicle financing company, in 1996.[11] The same year, Kotak Mahindra Finance separated Kotak Mahindra Capital, a new business, from its investment banking segment.

The Reserve Bank of India granted Kotak Mahindra Finance a banking license in February 2003, making it the country’s first non-banking finance company to be transformed into a bank. After that, Kotak Mahindra Bank replaced Kotak Mahindra Finance.[15] Anand Mahindra owned 5% of the company at the time, while Uday Kotak owned 56%.[16]

Ford Credit’s 40% ownership of Kotak Mahindra Primus was purchased by Kotak Mahindra Bank in 2005, transforming the company into a fully-owned subsidiary.[17] After that, Kotak Mahindra Primus became Kotak Mahindra Prime.[18] Goldman Sachs sold 25% of Kotak Mahindra Capital and 25% of Kotak Securities to Kotak Mahindra Bank for ₹210 crore (US$46.35 million) and ₹123 crore (US$27.15 million), respectively, in 2006. As a result, Kotak Mahindra Bank became the sole owner of both businesses.[19]

Kotak Mahindra Bank became the largest shareholder of Multi Commodity Exchange (MCX) in 2014 when it paid Financial Technologies Group ₹459 crore (US$75.21 million) for a 15% stake in the company.[20]

Kotak Mahindra Bank announced in 2014 that it would acquire ING Vysya Bank for ₹15,000 crore (US$2.34 billion). Following the merger in 2015, Kotak Mahindra Bank employed close to 40,000 people and had 1,261 branches.[21] Following the merger, Kotak Mahindra Bank acquired a 6.5% ownership from the ING Group, which had previously owned ING Vysya Bank.[22]

With approval from IRDAI, Kotak Mahindra General Insurance, a wholly-owned subsidiary of Kotak Mahindra Bank, commenced operations in 2015.[23] Airtel Payments Bank was established in 2016 as an 80:20 joint venture between Bharti Airtel and Kotak Mahindra Bank.[24]

The Kotak 811 online savings account was introduced by Kotak Mahindra Bank in March 2017. The account’s name comes from the day Prime Minister Narendra Modi announced the demonetization of currency in the previous year, which Uday Kotak referred to as “the day that changed India.”[27] By September 2018, the bank had doubled its customer base thanks to Kotak 811.[28]

Kotak Mahindra Bank became the sole owner of Kotak Mahindra Old Mutual Life Insurance in April 2017 after purchasing Old Mutual’s 26% share for ₹1,292 crore (US$198.4 million).[29]

For ₹295 crore (US$39.81 million) in 2021, Kotak Mahindra Bank sold Bharti Enterprises its 8.57% ownership in Airtel Payments Bank.[30] The Kotak Mahindra Group bought Volkswagen Finance India’s auto financing portfolio that same year.

In March 2017, Kotak Mahindra Bank launched the Kotak 811 online savings account. The name of the account is derived from the day that Prime Minister Narendra Modi declared the currency to be demonetized the previous year; Uday Kotak called this “the day that changed India.”[27] Thanks to Kotak 811, the bank’s customer base had doubled by September 2018.[28]

In April 2017, Kotak Mahindra Bank acquired a 26% stake in Kotak Mahindra Old Mutual Life Insurance for ₹1,292 crore (US$198.4 million), thus taking complete ownership of the company.[29]

In 2021, Kotak Mahindra Bank sold Bharti Enterprises its 8.57% stake in Airtel Payments Bank for ₹295 crore (US$39.81 million).[30] In the same year, Volkswagen Finance India sold its auto financing portfolio to the Kotak Mahindra Group.

The Kotak 811 online savings account was introduced by Kotak Mahindra Bank in March 2017. The day that Prime Minister Narendra Modi announced that the currency would be demonetized the previous year is the source of the account’s name; Uday Kotak referred to this as “the day that changed India.”[27] By September 2018, the bank’s customer base had doubled because of Kotak 811.[28]

For ₹1,292 crore (US$198.4 million), Kotak Mahindra Bank purchased a 26% share in Kotak Mahindra Old Mutual Life Insurance in April 2017, gaining total control of the business.[29]

For ₹295 crore (US$39.81 million) in 2021, Kotak Mahindra Bank sold Bharti Enterprises its 8.57% ownership in Airtel Payments Bank.[30] Volkswagen Finance India sold the Kotak Mahindra Group its portfolio of auto financing in the same year.

In March 2017, Kotak Mahindra Bank launched the Kotak 811 online savings account. The name of the account comes from the day that Prime Minister Narendra Modi announced that the currency would be demonetized the year before; Uday Kotak called this “the day that changed India.”[27] Because of Kotak 811, the bank’s customer base had doubled by September 2018.[28]

In April 2017, Kotak Mahindra Bank acquired a 26% stake in Kotak Mahindra Old Mutual Life Insurance for ₹1,292 crore (US$198.4 million), thereby acquiring complete command over the enterprise.[29]

In 2021, Kotak Mahindra Bank sold Bharti Enterprises its 8.57% stake in Airtel Payments Bank for ₹295 crore (US$39.81 million).

Kotak Mahindra Bank Mega Off Campus Drive 2024 – Roles & Responsibilities For Junior Acquisition Manager

  • Acquisition of new clients (NTB) for the bank’s current account and savings account products through independent, external efforts. Customers will come from corporations, trusts, associations, societies, small enterprises, and private citizens.
  • Creating Revenue, Getting Customers, Keeping Customers, and Saving Money By following procedures, goods, and legal specifications
  • Maintain contact with newly acquired clients for the first three months in order to strengthen the relationship before transferring them to the Branch Banking team.
  • Keeping the Average Quarterly Balance

Kotak Mahindra Bank Mega off campus Drive 2024 – Skills Required

  • Candidate Sourcing: The capacity to locate and draw in possible applicants via a range of platforms, such as professional networks, social media, and job boards.
  • Resume screening is the ability to evaluate resumes in order to match candidate qualifications to job requirements.
  • Interviewing Techniques: Conducting productive interviews to evaluate the qualifications, background, and cultural fit of candidates.
  • Assessment Instruments: Proficiency with diverse assessment instruments and methodologies to appraise the competencies of applicants.
  • Effective communication skills are essential for interacting with candidates, hiring managers, and team members in both written and verbal forms.

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Kotak Mahindra Bank Mega off campus Drive 2024 | Junior Acquisition Manager – Frequently Asked Questions?


Q:- What is the company name?
ans:- Kotak Mahindra Bank

Q:- What is the post offered by the company?
ans:- Junior Acquisition Manager

Q:- What are the qualifications required for this post?
ans:- Bachelor’s Degree

Q:- What is the salary range for this post offered by the company?
ans:- 3LPA-7 LPA

Q:- Could you provide me with some company information?
Ans:- Kotak Mahindra Bank, one of the leading private sector banks in India, is well known for providing a wide range of financial services and goods. It was established in 1985 and has grown to be a major player in India’s banking and financial industry. The bank offers services like insurance, wealth management, retail banking, and corporate banking to millions of customers across the country.

Kotak Mahindra Bank is well-known for its commitment to promoting financial inclusion, innovative approach to digital banking, and customer-focused mindset. With a substantial presence in India and a growing global reach, the bank remains a dependable choice for individuals and businesses searching for comprehensive banking and financial solutions.

How to Apply Kotak Mahindra Bank Mega off campus Drive 2024

  • Select the “Apply here” button that is located below. You will be taken to the official career page of the company.
  • “Apply Online” should be clicked.
  • If you haven’t already, make an account.
  • Log in after registering and complete the application form with all the required information.
  • If asked, submit all necessary documents (such as a resume, grade report, and proof of identity).
  • In your application, be sure to include factual information.
  • Make sure all the information entered is accurate.
  • After verification, submit the application process.

DISCLAIMER:

The aforementioned recruitment information is solely being provided for informational purposes. The organization’s official website is where the aforementioned recruitment information was found. We make no guarantees regarding employment. The company’s established recruitment process must be followed when hiring new employees. We don’t charge anything for providing information about this job.

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