NEWS & ADVICE : PERSONAL LOAN
Kotak Mahindra group targets to expand operations
By Vaibhav Aggarwal
Jan 29, 2013
Print    Email    RSS   

Kotak Mahindra group is looking for ward to expand its operations and eyeing targets potential acquisition in banking, asset management, broking and other areas of the banking sector.

"We are looking for attractive acquisition targets and hopefully there would be some deal this year," the group head and eminent banker Mr. Uday Kotak said.

Kotak Mahindra group is present in various segments of the financial services industry including banking, insurance, asset management, broking and equity research.

When asked about the places where the Kotak Mahindra group was looking for acquisitions, Mr. Kotak said: "We are mainly looking domestically (within India) for potential acquisition targets."

About the businesses where potential acquisitions could be explored, Mr. Kotak said the group is looking at various opportunities across various sectors.

"There is nothing that has crystallized as yet, but we are looking across various segments including banking, asset management and other areas of financial services such as broking as well," Mr. Kotak said.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Loan against Securities: A viable...
BPLR or Base rate?? Which is better…?
This is how a bank lends money
Personal loan EMI calculator from RupeeTimes
Do rising NPAs reflect an ailing banking...


i want to know my personal loan balance statement in...
my cibil score is less. Can I get personal loan ?
i am loan settelment closure amount 45000 paid but...
Can I get personal loan even when my cibil score is...
i want to know why my name is in civil record?
My net salary 12500 i want personal loan of Rs 200000

NEWS THIS WEEK
RBI concerned over the counterfeit currency Apr 24, 2014
HDFC bank reported the slowest growth in net profit over last 10 years Apr 23, 2014
Online life cover plan rolled out by Reliance Life Insurance Apr 22, 2014
BMB bank launching new 57 branches Apr 8, 2014
Federal rolling out representative office overseas Apr 7, 2014
News Archive