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Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO says
Kotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel growth. CEO Ashok Vaswani aims for the bank to become India's third-largest private lender by profit. The bank is also investing heavily in technology and AI to enhance efficiency, expecting workforce growth to lag behind balance-sheet expansion.
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thehindubusinessline.com
Kotak Bank open to acquisitions at right price; Focus on profitability over market share, says Wholetime Director Kashyap
Kotak Bank prioritizes profitability over market share and remains open to acquisitions that align with its strategic goals.
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economictimes.indiatimes.com
Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO says
Kotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel growth. CEO Ashok Vaswani aims for the…