-
Company Insights
Kotak Mahindra Bank – Digital Transformation Strategies
Kotak Mahindra Bank (Kotak) has been focusing on using online payments, conversational platforms and artificial intelligence to digitally transform its operations. The annual ICT spending of Kotak was estimated at $267.7 million for 2021. A major share of this spending is earmarked for acquiring software, hardware and consulting services from vendors. Kotak is a provider of consumer banking, commercial banking, corporate banking, and wealth management. Consumer banking comprises accounts, deposits, cards, loans, insurance, investments, payments and transfers, non-resident Indian (NRI)...