Kotak Mahindra Bank
Sector: Commercial • Location: India
Source: International Finance Corporation (IFC)
The proposed project will provide a 3-year bullet loan of up to $22 million to Kotak Mahindra Bank (KMB), a newly formed bank which was previously known as Kotak Mahindra Finance Limited (KMFL). KMFL, locally rated AAA, was one of the country’s best non bank financial companies (NBFC). KMB undertakes commercial banking activities as well as direct & indirect holdings in 13 companies, whose main bu
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project will provide a 3-year bullet loan of up to $22 million to Kotak Mahindra Bank (KMB), a newly formed bank which was previously known as Kotak Mahindra Finance Limited (KMFL). KMFL, locally rated AAA, was one of the country’s best non bank financial companies (NBFC). KMB undertakes commercial banking activities as well as direct & indirect holdings in 13 companies, whose main business include: - asset financing; - investment banking & brokerage; - wealth management and - life insurance. The loan would allow KMB to develop - its SME business and - make US dollar funding available for its export clients. It will also provide funding for the bank in its first years of operation, when it is establishing its track record. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |