Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank has forayed into the healthcare lending space, where it will be taking exposures of up to Rs 15 crore apiece. The bank, however, will not be seeking funds from the Reserve Bank's on-tap liquidity scheme for the sector, as its cost of funds is very low.

The bank will take exposures ranging from healthcare-related loans for an individual, to long-term project lending for doctors building healthcare infrastructure and single exposure can go up to Rs 15 crore. The bank is targeting to start with signing up 100 customers a month and will be aiming to take it up to 500 a month. 

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.