In order to invest in affordable housing projects across India, Kotak Realty Fund, part of Kotak Mahindra Bank's subsidiary Kotak Investment Advisors (KIAL), is reportedly raising total of $100 million. The fund, which will be raised in domestic as well as overseas markets, has already received commitments worth $50 million from few global institutional investors.
Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
