Friday 2 August 2013

Kotak Mahindra Bank to open 100 branches in FY14

The bank has 67 branches across Gujarat and is planning to improve its customer base in the western state

Kotak Mahindra Bank is planning to open 100 branches across the country in the current financial year.

Kotak Mahindra Bank Executive Vice-president Virat Diwanji said that with opening of 100 more branches the bank will cross 550 mark before March, 31 2014.

He was speaking to media after launching Kotak junior savings bank account for children in Vadodara.


The bank has 67 branches across Gujarat and is planning to improve its customer base in the western state by at least 20% every year over next few years, he added. 

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