Kotak Mahindra opens three more branches in Punjab

By Staff
|
Google Oneindia News

Chandigarh, Aug 9 (UNI) Kotak Mahindra Bank today inaugurated the first branches in Manimajra, Zirakpur and Patiala.

With these launches, Kotak Mahindra has established its presence in major cities in Punjab with 12 branches. The bank offers complete financial solutions for infinite customer needs.

Speaking on the occasion, Mr K V S Manian, Group Head- Retail Liabilities and Branch Banking said that Punjab being one of the prosperous states in the country, was a key market for the bank due to the immense potential for growth and expansion here.

''The state is our second biggest market other than the metro cities for branch banking operations,'' he added.

As part of the expansion plans, Mahindra Bank will be launching branches in Aapra, Nakodar and Sangrur tomorrow. The bank will be launching two more branches in the coming months to strengthen its presence in Punjab.

Kotak Mahindra bank now has 125 branches spread across 88 locations in the country offering both traditional banking products and wealth management services. The bank plans to reach the 200th bench mark by mid next year.

UNI

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