Kotak Mahindra Bank Ltd.

In order to invest in affordable housing projects across India, Kotak Realty Fund, part of Kotak Mahindra Bank's subsidiary Kotak Investment Advisors (KIAL), is reportedly raising total of $100 million. The fund, which will be raised in domestic as well as overseas markets, has already received commitments worth $50 million from few global institutional investors.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.