Kotak Mahindra Bank's mid-market corporate segment, which was carved out as a separate business one and a half years ago, is seeing good traction and has emerged as a key focus area, said Paritosh Kashyap, group president and head, wholesale banking group.
"Our focus on the mid-market segment has paid off handsomely. We are adding about 200 new-to-bank (NTB) customers every year and we are targeting over 30% per annum growth in customer assets for this segment of customers," Kashyap told Mint.
Kotak Mahindra Bank defines mid-market as companies with annual turnover of ₹500-1,500 crore.
هذه القصة مأخوذة من طبعة November 26, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 26, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Ukraine Clings To Sliver Of Russia, Expecting Trump To Push For Talks
In Russia's Kursk region just north of here, Russian assaults are so intense that their infantrymen sometimes step on the bodies of fallen comrades, according to Ukrainian soldiers opposing them there.
The Economy Must Also Thank The Constitution
It gave India the space to adjust its economic policy in favour of market forces. The irony at this stage is that even capitalist success might require the aid of socialist redistributive tools
Read This Before You Add That 'Instant' Food To Your Cart
Ultra-processed foods, which are convenient and engineered to be addictive, are a serious health threat in India
How Coldplay FOMO Could Lead To Burnout
The fear of missing out on Diljit or Coldplay concert tickets can impact mental health and lead people to make poor financial decisions
How Tim Cook Cracked The Code On Working With Trump
For years, through carefully choreographed dinners and meetings, Apple CEO Tim Cook did something that has eluded many other corporate leaders: He developed a personal relationship with President-elect Donald Trump.
Can Your Credit Card Portfolio Be Complete Without An Amex Card?
Experts weigh in on the advantages of owning an American Express card, but also highlight acceptance issues
Humility lends leadership an advantage in the age of AI
Research shows this skill can be deployed as part of a success formula in settings that need teamwork
Women entrepreneurs need the support of their very own tribe
Form clubs of fellow businesswomen for mutual aid and to serve as confidence boosters in male-heavy fields like finance
Google Chrome's divorce may be the start of a bigger split-up
Antitrust action will likely go beyond forcing its search engine out
This New Year, skip going on a detox or cleanse
Instead of fad detox trends, adopt a probiotics-rich diet to nurture a healthy gut