Mumbai-based Kotak Mahindra Bank earns its accolade as India’s best transaction bank, driven by its strong financial performance and expanding client base alongside digital adoption and strategic regional growth.
The bank reported approximately $8.1 billion in total assets served by its global transaction services across wholesale, consumer and commercial banking divisions. Its cash management services achieved a transaction throughput of around $694 billion year-to-date, reflecting a 37% year-on-year increase. Tax payment throughput also surged, registering a 2.1x
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