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Kotak Bank wants to raise corporate loan share to 40%

Kotak Bank wants to raise corporate loan share to 40%

Thursday, March 23, 2017, 10:02 AM

Kotak Mahindra Bank, owned by India's richest banker, snatching business from state-run lenders that are battling to arrest a protracted run of asset-quality slippage. The Mumbai-based lender, owned by billionaire Uday Kotak, is aiming to increase by a third the share of corporate loans in its consolidated loan book to 40% in the next three years.
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