-1.35 (-0.34%) Kotak Mahindra Bank (KMB) has signed a Memorandum of Understanding (MoU) with GIFT SEZ for boosting financial services ecosystem at International Financial Services Centre (IFSC) at Gandhinagar.
This will enable both to work together towards greater enhancement of the financial services ecosystem in GIFT IFSC for Alternative Investment Funds (AIFs) and Global Custody Services. According to the MoU, one area of focus will be to ease market access and cross border activities for the fund management community.
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.