Kotak Mahindra Bank acquires Standard Chartered India’s personal loan biz for Rs 3,330 cr
Kotak Mahindra Bank on Thursday said it has completed the acquisition of the personal loan portfolio of Standard Chartered India for Rs 3,330 crore.
Kotak Mahindra Bank on Thursday said it has completed the acquisition of the personal loan portfolio of Standard Chartered India for Rs 3,330 crore.
SBI commands nearly 34 per cent market share in home loans and nearly 33 per cent in the auto loans segment.
Evolving tax structure, globalization, increasing purchasing power are impacting sales. But chief driver of the trend remains leisure consciousness.
