NEWS & ADVICE : CAR LOANS
Kotak Mahindra Bank launches its 300th branch
By Vaibhav Aggarwal
Feb 24, 2011
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Private sector lender, Kotak Mahindra Bank has introduced its 300th branch. The lender plans to take its branch count to 500 by 2012.

The bank also aims to take its existing ATM count of 750 to 1000 in the coming 12-18 months time.

The lender is in plans to increase its presence in the country either by expansion or by inorganic route.

It plans to "get broader and deeper within the country and to be provide thought leadership in providing solutions, Mr Kotak said.

Further on tie ups and mergers and acquisitions, he said, "Inorganic growth also interests us. It is on our radar."

"We are believers of the domestic India story and we believe we will continue to grow", he said indicating the recruitment aims of the lender.


 


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