Home / India News / Kotak Mahindra Bank gets RBI approval to set up its first overseas branch

Kotak Mahindra Bank gets RBI approval to set up its first overseas branch

Last Updated : Nov 12 2016 | 12:03 AM IST

In Dubai International Financial Centre (DIFC), Dubai

Kotak Mahindra Bank announced that it has received Reserve Bank of India's approval to set up its branch in Dubai International Financial Centre (DIFC), Dubai. This will be the first international branch of Kotak. The approval from RBI is subject to the necessary approvals to be received from the host regulator viz., Dubai Financial Services Authority (DFSA).

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content