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Kotak Mahindra Bank Ready To Take Advantage Of Growth Opportunities: Chairman
According to the information given to the stock exchanges by the bank, while addressing the shareholders of the bank at the Annual General Meeting (AGM) on August 27, the chairman said that the Indian economy is reviving and is expected to reach the pre-pandemic level. direction is increasing.
New Delhi: Kotak Mahindra Bank Chairman Prakash Apte has said that the bank is in a position to capitalize on its growth opportunities and will now expand its market share by targeting new customers to drive higher growth and profitability. According to the information given to the stock exchanges by the bank, while addressing the shareholders of the bank at the Annual General Meeting (AGM) on August 27, the chairman said that the Indian economy is reviving and is expected to reach the pre-pandemic level. direction is increasing.
Apte said, "India's growth prospects are increasing due to widespread vaccination, mitigating the impact of the corona epidemic and increasing priority to alternative manufacturing sites." He said that Kotak Bank's post-tax financial year 2021-22 Consolidated profit grew 21 percent to Rs 12,089 crore, reflecting strong fundamental growth in India. Apte said, “The group seeks to expand its share in the Indian financial services market by enhancing the consumer experience.
