Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank is planning to create a separate vertical for mid-market companies having turnover between Rs 500-1,500 crore to increase its focus on the segment. The Bank is also keen to increase its focus on high-margin structured finance.

At present the mid-market segment is part of the large corporate team, which covers companies between Rs 500-6,000 crore. From April 1 onwards, the new vertical will be created, while the large corporate team will serve clients having revenues between Rs 1,500-6,000 crore.

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.