Business1 Lakh Investment Turned Into 1,400 Crores In 32 Years. This Is For Real
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1 Lakh Investment Turned Into 1,400 Crores In 32 Years. This Is For Real
This reflects the growth of Kotak Group
Harish Mahindra and Anand Mahindra took a stake in Kotak Group in 1986
Kotak Mahindra is one of India's leading financial services group
The value of Rs 1 lakh invested in 1985 is now worth Rs 1,400 crore. This reflects strong growth recorded by Kotak Mahindra Group over the last three decades. Today, Kotak Mahindra Group is one of India's leading financial services conglomerates. "An investment of Rs 1,00,000 made in Kotak Group in November 1985, is worth Rs 1,400 crore today - a compounded growth rate of 40 per cent over the past 32 years," Uday Kotak, executive vic...