KOTAK MAHINDRA ASSET MANAGEMENT (SINGAPORE) PTE. LTD.

KOTAK MAHINDRA ASSET MANAGEMENT (SINGAPORE) PTE. LTD. of SINGAPORE is an SEC-registered investment adviser (CRD 286032). Regulatory assets under management: $4.7B.

Registration

Business model

Compensation: % of AUM, Performance.

Clients served: Pooled vehicles, Investment cos.

Officers, owners & control persons (19)

NameRoleLocation
Syamasundaran Shyam KumarDIRECTORHarrow HA3 ORL, X0
Uday Suresh KotakSHAREHOLDER
Nitin Tejpal JainCHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Harsh Mahesh MehtaCHIEF COMPLIANCE OFFICER
Prasad GokhaleCHIEF FINANCIAL OFFICER
Shyam Kumar SyamasundaranDIRECTOR
Nilesh Dhirajlal ShahDIRECTOR
Krishnan Ramchandran No Last NameDIRECTOR
Kavin ShahCHIEF OPERATING OFFICER
PURI RUCHITDIRECTOR
LOHIDAKSHAN ANILCHIEF FINANCIAL OFFICER
KOTAK UDAY SURESHEXECUTIVE VICE CHAIRMAN AND MANAGING DIRECTOR; SHAREHOLDER
SHAH GAURANG BALKRISHNADIRECTOR
Jain Nitin TejpalCHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
shuja zahidCHIEF COMPLIANCE OFFICER
SHAH NILESH DHIRAJLALDIRECTOR
HANSRAJ JAIDEEPDIRECTOR
MEHTA HARSH MAHESHCHIEF COMPLIANCE OFFICER
GOKHALE PRASADCHIEF FINANCIAL OFFICER

Disclosures (21)

Showing 10 of 11 distinct disclosure events.

InitiatedTypeAllegationsStatusAmount
2025-12-19regulatoryA)ACCESS TO BANKING SERVICES - BASIC SAVINGS BANK DEPOSIT ACCOUNT: THE BANK OPENED ANOTHER BSBD ACCOUNT OF CERTAIN CUSTOMERS WHO WERE ALREADY HOLDING BSBD ACCOUNT IN THE BANK. B)SCOPE OF ACTIVITIES TO BE UNDERTAKEN OF BUSINESS CORRESPONDENTS (BCS): THE BANK HAD ENTERED INTO AN ARRANGEMENT WITH BCS F…Final$66K
2024-04-24regulatoryKOTAK MAHINDRA BANK LIMITED ("BANK") IS THE PARENT OF THE FIRM. THE BANK RECEIVED AN ORDER DATED APRIL 24, 2024 FROM THE RESERVE BANK OF INDIA ("RBI"), DIRECTING THE BANK TO CEASE AND DESIST, WITH IMMEDIATE EFFECT FROM (I) ONBOARDING NEW CUSTOMERS THROUGH THE BANK'S ONLINE AND MOBILE BANKING CHANNEL…Final
2023-10-17regulatoryRESERVE BANK OF INDIA (RBI) VIDE ITS LETTER DATED OCTOBER 17, 2023 LEVIED A PENALTY OF INR 3.95 CRORE (APPROX. USD 474000) ON THE BANK FOR NON-COMPLIANCE WITH RBI DIRECTIONS ON MANAGING RISKS AND CODE OF CONDUCT IN OUTSOURCING OF FINANCIAL SERVICES BY BANKS, RECOVERY AGENTS ENGAGED BY BANKS, CUSTOME…Final$474K
2023-03-31regulatoryTHE BANK FAILED TO COMPLY WITH PARAGRAPHS 1 AND 6 OF THE RBI 1) CIRCULAR DBR.BP.BC.NO.12/21.04/048/2018-19 DATED DECEMBER 5, 2018 ON 'GUIDELINES ON LOAN SYSTEM FOR DELIVERY OF BANK CREDIT' ("DECEMBER 2018 CIRCULAR") WHEN IT DID NOT ENSURE A MINIMUM LEVEL OF 'LOAN COMPONENT' OF 60% IN CASE OF 67 BORR…Final$71K
2022-07-04regulatoryRESERVE BANK OF INDIA ALLEGED THE FOLLOWING: 1. NON-COMPLIANCE WITH DIRECTIONS ON 'CUSTOMER PROTECTION - LIMITING LIABILITY OF CUSTOMERS IN UNAUTHORISED ELECTRONIC BANKING TRANSACTIONS - (PENALTY INR3 MILLION). 2. CONTRAVENTION OF THE PROVISIONS OF SUBSECTION (2) OF SECTION26A OF THE BANKING REGULAT…Final$132K
2022-06-30regulatoryTHE INDIVIDUAL IS A NON-EXECUTIVE DIRECTOR OF THE FIRM. HE IS A MEMBER OF THE INVESTMENT COMMITTEE OF KOTAK MAHINDRA ASSET MANAGEMENT COMPANY LIMITED, INDIA ("KMAMC") AN AFFILIATE OF THE FIRM AND ALSO MANAGING DIRECTOR OF KMAMC. THE SECURITIES AND EXCHANGE BOARD OF INDIA ALLEGED THAT THE INDIVIDUAL…Pending
2019-06-06regulatoryTHE RESERVE BANK OF INDIA (RBI) HAS, BY AN ORDER DATED JUNE 06, 2019, IMPOSED A MONETARY PENALTY OF INR 2 CRORES (RS 20 MILLION) ON KOTAK MAHINDRA BANK LIMITED (THE BANK) FOR FAILURE TO FURNISH INFORMATION ABOUT DETAILS OF THE SHAREHOLDING HELD BY ITS PROMOTERS AND TO SUBMIT DETAILS OF THE PROPOSED…Final$289K
2019-02-04regulatoryTHE RESERVE BANK OF INDIA (RBI) HAD IMPOSED A PENALTY OF INR 20 LAKH (INR 2 MILLION) ON KOTAK MAHINDRA BANK LIMITED IN FEBRUARY 2019 FOR KNOW YOUR CUSTOMER (KYC) DEFICIENCIES FOUND IN OPENING ONE SAVINGS ACCOUNT OPENED IN THE YEAR 2010.Final$28K
2018-02-19regulatoryTHE INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY (IRDA) OF INDIA HAD NOTED THAT EXIDE LIFE INSURANCE COMPANY HAD PAID INFRASTRUCTURE FACILITY CHARGES TO THE ING VYSYA BANK (WHICH MERGED WITH KOTAK MAHINDRA BANK LIMITED ON APRIL, 1 2015) DURING 2013-14 AND IRDA FOUND THAT IT IS IN VIOLATION OF CLAU…Final$2K
2017-02-08regulatoryTHE RESERVE BANK OF INDIA (RBI) ALLEGED THAT KOTAK MAHINDRA BANK LIMITED IN REPORTED A FOREIGN EXCHANGE TRANSACTION ON NET BASIS INSTEAD OF GROSS BASIS, AS REQUIRED BY RBI.Final$155

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