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At the time of independence in 1947, India's capital market was relatively under-developed. Although there was significant demand for new capital, there was a dearth of providers. Merchant bankers and underwriting firms were almost non-existent and commercial banks were not equipped to provide long-term industrial finance in any significant manner.

BNP Paribas was one of the first banks to start a dialogue with India in 1860 begining operations in Calcutta (renamed Kolkata). In those days, the Bank was known as the Comptoir National d'Escompte de Paris (CNEP). We have since then spread our branches to eight key metros & mini metros and widened and enriched our product repertoire.

Established on 15th August 1907 as part of the Swadeshi movement,Serving the nation with a team of over 19300 dedicated staff,Total Business crossed Rs.1,81,530 Crores as on 31.03.2011,Operating Profit increased to Rs. 3291.68 Crores as on 31.03.2011.

As of March 2003, IOB had 1427 branches in India and 6 branches overseas. Besides the Bank had 243 Extension Counters. IOB has specialised branches to cater to the exclusive needs of Commercial & Industrial credit (the branch has received ISO 9002 certification), Industrial finance, Small Scale industries, hi-tech agriculture and foreign exchange. The bank is a depository participant. To meet the needs of investors in the capital market the bank has two exclusive offices one at Mumbai and the other at Chennai.

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 year wise. To be the most trusted Global Indian Financial Services brand and the most preferred financial services employer with focus on creating value. Kotak Mahindra is one of India's leading banking and financial services group, offering a wide range of financial services that encompass every sphere of life.

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