Friday, July 8, 2022

Kotak Mahindra Bank bags DLL India’s agri & healthcare equipment financing portfolio

Kotak Mahindra Bank on Friday said that it has acquired the agri and healthcare equipment financing portfolio of global asset finance company DLL India. Kotak will gain access to over 25,000 customers with a total standard loan outstanding of around ₹ 582 cr. Moreover, Kotak has also acquired the non-performing assets portfolio with a total loan outstanding of around ₹ 69 cr.

from Banking/Finance-Industry-Economic Times https://ift.tt/z87N2gb

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