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Kotak Mahindra Bank opens 100 gold loan branches in FY23

25 Feb 2023 Evaluate

Kotak Mahindra Bank (KMBL) has opened 100 Gold Loan branches, in this financial year, so far. As of March 31, 2022, the Bank was offering Gold Loans through its 400 branches. With the addition of 100 Gold Loan branches in this FY, Kotak Mahindra Bank now offers Gold Loans through its 500 branches spread over 253 cities across the country. The Bank plans to further expand its Gold Loans branch network by opening another 50 branches in the ongoing financial year.

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 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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