Kotak Mahindra Bank CEO Ashok Vaswani was speaking CNBC-TV18 Managing Editor Shereen Bhan in an exclusive interview.

Stating that resolving the issue around digital onboarding of customers through the bank’s mobile app is not just about satisfying the RBI, but about building the backbone to take the bank to the next level,

Kotak Mahindra Bank intends to be the third-largest private lender in India in terms of consolidated net profit and return on equity, its managing director and chief executive officer Ashok Vaswani told Economic Times (ET).

From our exclusive conversation with Kotak Mahindra Bank CEO Ashok Vaswani to updates from the third and final phase of Jammu and Kashmir Assembly Elections  — Here are the top 11 news stories across business,

When asked if the bank would be interested in picking up a majority stake in IDBI Bank, Vaswani said the bank would evaluate all inorganic growth options

Kotak Mahindra Bank is heavily investing in technology to meet RBI expectations and enhance competitiveness. CEO Ashok Vaswani aims for the bank to become a top three private sector player by 2030. The bank will look at both organic and inorganic growth opportunities,

Kotak Mahindra Bank’s MD & CEO, Ashok Vaswani, stated that the bank is making significant strides in addressing the RBI’s concerns over its digital infrastructure. He highlighted ongoing efforts and regular updates to the regulator.