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Kotak Mahindra to come up with credit card


Thursday,25th October 2007

Kotak Mahindra Bank has plans to enhance their product portfolio by foraying into credit card business. It was announced on the sideline of the launch of their Salary 2 Wealth.

The bank intends to set up this credit card business on its own rather than through tie-ups with other entities. The bank, currently has 134 branches across 92 locations which would go up to 200 by the end of June next year and over 100 ATMs would be added to the existing network of 205 by the end of June 2008.

 

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