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Kotak Bank's arm aims Rs 200 crore total premia in FY18

23 Jun 2017 Evaluate

Kotak Mahindra General Insurance, a subsidiary of Kotak Mahindra Bank, is looking at achieving Rs 200 crore in total premia by the end of FY18. The private sector general insurer is also targeting a three-fold increase in business in terms of policies to 3 lakh from the current mark of around 1 lakh within the next couple of years.

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.

Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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