Kotak Mahindra aiming to be no 3 private bank by profit, says bank's MD & CEO Ashok Vaswani

Kotak Mahindra Bank, led by CEO Ashok Vaswani, aims to become the third-largest private lender in India by 2030. The bank is open to acquisitions and plans to use technology and operations scaling to achieve its goal. Vaswani is the first non-promoter CEO, following the tenure of founder Uday Kotak.