Friday, October 18, 2024

BANKING

Kotak Mahindra Bank has announced it will acquire Standard Chartered Bank's personal loan book in India, worth Rs 4,100 crore. The deal is expected to finalize within three months. This move aligns with Kotak’s strategy to expand its market share and grow in the affluent customer segment, ensuring a smooth transition.

from Banking/Finance-Industry-Economic Times https://ift.tt/P5rpbIg
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