Kotak Mahindra Bank announced on Thursday that it has finalized the acquisition of Standard Chartered Bank India's Rs 3,300 crore personal loan portfolio after obtaining necessary regulatory approvals. This acquisition includes all personal loans classified as standard advances. The transaction was initially announced in October last year and was completed on January 23, 2025.
from Banking/Finance-Industry-Economic Times https://ift.tt/oYlZE3A
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