Kotak Bank has 'high ambitions' to deploy capital | TheBriefWire
Kotak Bank has 'high ambitions' to deploy capital
Published 23 June 2026 ยท india
Synopsis Kotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel growth. CEO Ashok Vaswani aims
Synopsis Kotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel growth. CEO Ashok Vaswani aims for the bank to become India's third-largest private lender by profit. The bank is also investing heavily in technology and AI to enhance efficiency, expecting workforce growth to lag behind balance-sheet expansion.
Published: June 23, 2026 โข 1:22 PM IST ยท Updated: June 23, 2026 โข 7:06 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis Kotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel growth.
CEO Ashok Vaswani aims for the bank to become India's third-largest private lender by profit.
The bank is also investing heavily in technology and AI to enhance efficiency, expecting workforce growth to lag behind balance-sheet expansion.