Leading private sector lender in the country, Kotak Mahindra Bank has expressed its keenness on local acquisitions. The bank is rapidly growing and has been constantly adding facilities among its gamut of services.

Kotak Mahindra chief, Mr. Uday Kotak said, "We are also seriously looking at opportunities for acquisitions within India and if (we) get something appropriate, it would be top of our priority and this is something we are currently focusing on."

He also said, "You can be young and big at the same time. We are 25 years old, but still young. We have over 20,000 employees, we are having a market cap of Rs 36,000 crore and (are a) part of the Nifty 50 index, so we are in many ways well positioned and we see the next two years as an opportunity to reach world scale, world quality and world size."

"At Kotak, our aspiration is to build a world-class bank from India, which every Indian should be proud of", he said.

The bank posed profit of Rs. 1,500 crore during the last financial year. The top notch at the bank has set an ambitious target for them to make the bank global.