Kotak Mahindra Bank is planning to raise funds through issuance of Unsecured, Redeemable, Non-Convertible Debentures / Bonds / other Debt Securities, on private placement basis, in Indian / foreign currencies, in domestic and / or overseas markets, in one or more tranches, during FY 2022-23, subject to the approval of the Members of the Bank and any other approvals as may be necessary. A meeting of the Board of Directors of Kotak Mahindra Bank is scheduled to be held on December 10/11, 2021 to, inter alia, consider the same.
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.
