Standard Chartered Bank, India (StanChart) is selling around Rs4,100 crore ($490 million) of outstanding personal loans to Kotak Mahindra Bank Ltd (KMBL). The proposed transaction consists of ...

Kotak Mahindra Bank (KMB) said it had entered into an agreement to acquire the personal loan book of Standard Chartered Bank, India to strengthen its position further in the retail credit market.

KOTAK Mahindra Bank will buy Standard Chartered Bank’s personal loan business in India, the Indian lender said on Friday (Oct 18), leaving the UK-based company to focus on its wealth and investment ...

MUMBAI: Marking its second major acquisition of a foreign entity after snapping up ING Vysya in November 2014 for Rs 15,000 crore, Kotak Mahindra Bank has agreed to acquire the personal portfolio ...

Photo Credit: cueapi Private sector lender Kotak Mahindra Bank has entered into a definitive agreement to acquire the ₹4,100-crore personal loan book of Standard Chartered Bank, India ...

According to Bloomberg data, ICICI Bank now tops the valuation chart with a one-year forward price-to-book of 2.96 times. In comparison, Kotak Mahindra Bank commands a price-to-book of 2.92x.

(Reuters) -- Kotak Mahindra Bank will buy Standard Chartered Bank's personal loan business in India, the Indian lender said on Friday, leaving the U.K U.K.-based bank to focus on wealth, affluent ...

Kotak Mahindra Bank Ltd (KMBL) has signed an agreement to acquire the personal loan book of Standard Chartered Bank, India (StanChart). The proposed transaction comprises a total loan outstanding of ...

Kotak Mahindra Bank's plan to acquire Standard Chartered Bank's Rs 4,100-crore personal loan portfolio will help the bank lift its net interest margins and total income, the management said in the ...