Kotak Mahindra Bank To Acquire ₹4100 Crore Personal Loan Book From Standard Chartered Cnbc Tv18

Kotak Mahindra Bank To Acquire Standard Chartered India S Personal Loan Book In 4 100 Crore Deal Kotak Mahindra Bank Limited will acquire Standard Chartered Bank India's personal loan book In an exchange filing on Friday, Kotak Mahindra Bank informed that the total outstanding loan amount Kotak Mahindra Bank has agreed to acquire the personal portfolio of Standard Chartered Bank India The British lender’s personal loan book is around Rs 4,100 crore as on date Kotak Bank

Kotak Mahindra Bank To Acquire Standard Chartered Bank India S 4 100 Crore Personal Loan Book Kotak Mahindra Bank has announced As of September 30, Standard Chartered's personal loan book in India had an outstanding balance of Rs 4,100 crore ($488 million) The personal loan market Kotak Mahindra Bank offers attractive personal loan options with interest rates starting at 1099% per annum Eligible borrowers can obtain loans of up to ₹40 lakh with flexible repayment Kotak Mahindra to acquire Standard Chartered Bank India’s Personal Loan book, the company announced through an exchange filing The deal, which is valued at around Rs 4,100 crore Kotak Mahindra Bank Limited, on Friday, announced that it has entered into an agreement to acquire the Personal Loan book (“Proposed Transaction”) of Standard Chartered Bank, India