Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
387.30
-4.35 (-1.11%)
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Kotak Bank's arm aims Rs 200 crore total premia in FY18

Date: 23-06-2017

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.