Kotak Mahindra Bank to Acquire Standard Chartereds $488 Million Personal Loan Portfolio: Strategic Move in India’s Expanding Loan Market
Kotak Mahindra Bank has announced its decision to acquire the personal loan portfolio of Standard Chartered Bank in India, a move that highlights Kotak’s aim to strengthen its position in the country’s highly competitive personal loan sector. The acquisition, valued at $488 million (Rs 41 billion), reflects both banks’ strategic shifts as they focus on…



