The Competition Commission of India (CCI) approved Kotak Bank's proposal to acquire Standard Chartered's ₹4,100 crore loan book:

Daily Current Affairs / The Competition Commission of India (CCI) approved Kotak Bank's proposal to acquire Standard Chartered's ₹4,100 crore loan book:

Change Language English Hindi

Category : Business and economics Published on: November 28 2024

Share on facebook

In October, Kotak Mahindra Bank Limited announced that it had entered into an agreement to acquire the Personal Loan book of Standard Chartered Bank, India.
Effective September 30, 2024, the Proposed Transaction includes a total loan outstanding amounting to approximately Rs 4,100 crore (~$490 million). These loans are categorized as "Standard Loans" in accordance with the guidelines provided by the Reserve Bank of India (RBI).

Apr 04

Apr 02

Apr 02

Apr 01

Apr 01

The Competition Commission of India (CCI) approved Kotak Bank's proposal to acquire Standard Chartered's ₹4,100 crore loan book:

Recent Post's

Notification view all

Apr 04

Apr 02

Apr 02

Apr 01

Apr 01

The Competition Commission of India (CCI) approved Kotak Bank's proposal to acquire Standard Chartered's ₹4,100 crore loan book:

Recent Post's

Notification
view all