KMB has grown at a stupendous pace, thanks to its immense behind the-scene hard work
THE BANK has time and again demonstrated its propensity to deliver high growth rates even in a tough banking environment as in 2016. So no surprise that Kotak Mahindra Bank features as the ‘Best-Growing MidSized Bank’ in BW Businessworld Best Banks’ Survey 2016.
In fiscal ’16, the bank advances rose 63 per cent to Rs 144,793 crore over fiscal ’15 — propelled by a well-executed acquisition of the erstwhile ING Vysya last year that is driving growth in newer geographies such as the south and north. With the merger now complete, the bank is now geared for the next leg of the journey.
This story is from the June 24, 2017 edition of Businessworld.
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This story is from the June 24, 2017 edition of Businessworld.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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