Kotak Mahindra Bank, the private sector lender is eying acquisition opportunities within India on a top priority basis. The bank aims to transform itself into a bank of global scale, quality and size, ‘ever-young’ Indian banking company.
The bank has over 329 branches and 782 ATMs across the country. The bank’s net profit for the quarter ended December 31, 2011 has surged by 46.95% at Rs 276.08 crore as compared to Rs 187.87 crore for the quarter ended December 31, 2010. Bank’s total Income has increased by 47.42% at Rs 1922.94 crore for the quarter under review from Rs 1304.41 crore for the December quarter of the previous fiscal.
