Private sector lender, Kotak Mahindra Bank is aiming deeper penetration across the country by way of pan India expansion as well as inorganic routes.

"We aspire to be national, including wholesale banking. We also want to see how we can get bigger. Inorganic (route) is something that also interests us. That's something on our radar," Mr Uday Kotak, Executive Vice-Chairman and Managing Director, Kotak Mahindra Bank said.

The bank targets to set its presence via acquisition route into banking, brokerage as well as asset management space.

"We are value-focused, and we want to make sure that what we acquire should be a good risk reward for our stakeholders," he said, adding that nothing has materialised yet. The bank has enough capital to "grow the balance sheet at current levels and make investments in areas we think are sustainable," he said.

Kotak said that the decent capital adequacy ratio (CAR) of the bank standing at more than 20% can definitely be leveraged upon. He said the bank has a "significant ability to invest, lend and grow without being short of capital". The bank's tier-I capital is about 18 per cent. Capital is not an issue for the bank, and "making good use of capital is our focus."

Also, the bank plans to recruit as many as 200-300 people per month for branch banking and support network.