Kotak opens first branch in Udaipur

Kotak Securities, one of India's leading stock broking house has opened its first branch in Udaipur.

With the launch of the new branch, the total strength of Kotak Securities outlets in Rajasthan has reached 10 (branches and franchisees).

The company plans to expand its business in tier I, tier II and tier III cities in the state in order to provide various financial solutions to the customers.

Commenting on the launch of the new branch, Kotak Securities Vice-President and Regional Head (North) Anubha Sharma said, "Rajasthan is one of the prime markets for us as people here have better understanding of the financial market. With our new branch equipped with state-of-the-art facility and world-class services, we are sure to reach out to maximum number of people in Udaipur and the state."

The new branch at Udaipur is fully operational and will provide a complete bouquet of financial products and services. Kotak Securities products include equities, derivatives, mutual funds, Initial Public Offerings, margin trading facility, depository services, portfolio management service, NRI services and insurance.

The branch will have a strong work force with sound financial knowledge and with remarkable experience in the capital markets.

Kotak Securities, as a part of its expansion plans, will soon open branches in Kota and Bikaner.

Kotak Securities is one of India's leading stock broking house with market share of over 8.5 per cent (based on past six month's data).