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    • Q4 FY2017
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    • FY2017
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Since the inception of the erstwhile Kotak Mahindra Finance Limited in 1985, it has been a steady and confident journey leading to growth and success. The milestones of the group growth story are listed below yearwise -

2010 - 2005
Ahmedabad Derivatives and Commodities Exchange, a Kotak anchored enterprise, became operational as a national commodity exchange.
Kotak Mahindra Bank Ltd. opened a representative office in Dubai
Entered Ahmedabad Commodity Exchange as anchor investor.
Launched a Pension Fund under the New Pension System.
Bought the 25% stake held by Goldman Sachs in Kotak Mahindra Capital
Company and Kotak Securities.
Kotak Group realigned joint venture in Ford Credit; their stake in Kotak Mahindra Prime was bought out (formerly known as Kotak Mahindra Primus Ltd) and Kotak group’s stake in Ford credit Kotak Mahindra was sold.
Launched a real estate fund.
2004 - 2000
Launched India Growth Fund, a private equity fund.
Kotak Mahindra Finance Ltd. converted into a commercial bank - the first Indian company to do so.
Matrix sold to Friday Corporation.
Launched Insurance Services.
Kotak Securities Ltd. was incorporated
Kotak Mahindra tied up with Old Mutual plc. for the Life Insurance business.
Kotak Securities launched its on-line broking site.
Commencement of private equity activity through setting up of Kotak Mahindra Venture Capital Fund.
1995 - 1999
Entered the mutual fund market with the launch of Kotak Mahindra Asset Management Company.
The Auto Finance Business is hived off into a separate company - Kotak Mahindra Prime Limited (formerly known as Kotak Mahindra Primus Limited). Kotak Mahindra takes a significant stake in Ford Credit Kotak
Mahindra Limited, for financing Ford vehicles. The launch of Matrix Information Services Limited marks the Group's entry into information distribution.
Brokerage and Distribution businesses incorporated into a separate company - Securities. Investment banking division incorporated into a separate company - Kotak Mahindra Capital Company
1994 - 1990
Entered the Funds Syndication sector
The Investment Banking Division was started. Took over FICOM, one of India's largest financial retail marketing networks
The Auto Finance division was started
1989 - 1985
Kotak Mahindra Finance Ltd entered the Lease and Hire Purchase market
Kotak Mahindra Finance Ltd started the activity of Bill Discounting

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