Kotak Mahindra Bank Multibagger 3 yrs time frame - Long term investment

Kotak Mahindra Bank Multibagger 3 yrs time frame - Long term investment

• Kotak Mahindra Bank Ltd is a one stop shop for all banking needs. The bank offers personal finance solutions of every kind from savings accounts to credit cards, distribution of mutual funds to life insurance products. 
• Kotak Mahindra Bank offers transaction banking, operates lending verticals, manages IPOs and provides working capital loans. 
• Kotak has one of the largest and most respected Wealth Management teams in India, providing the widest range of solutions to high net worth individuals, entrepreneurs, business families and employed professionals.
• Bank Aquired ING Vysya in 2015.Reserve Bank of India (RBI) approves merger of ING Vysya Bank with Kotak Mahindra Bank effective April 1, 2015.This make Kotak a stron Private sector bank in India.
• Banks also Bought 15% equity stake in Multi Commodity Exchange of India Ltd (MCX) to leverage the potential in the Indian financial infrastructure space.
• Bank also Entered into general insurance space, expanding its portfolio to offer a complete range of financial products and services to its customers.
• Acquired domestic schemes of PineBridge Mutual Fund to strengthen the mutual fund business which will add good to banks portfolio.
• Kotak bank also Agreed to invest 19.90% in Airtel M Commerce Services Limited (AMSL) for setting up a Payment Bank on AMSL, obtaining the Payment Bank license from Reserve Bank of India (RBI).
• In last 5 years company has doubled it sales from 4500 crores to 9000 crores giving a health 20 % growth.
• Profits also have increased from 1300 cores to 3000 crores. I see Kotak going into next stage of growth and will by like top private sector bank in years to come. This stock will give multibagger returns and suggest to invest for 3 yrs to get good returns