Kotak Mahindra Bank to open branch at GIFT City in Gujarat

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Kotak-MahindraKotak Mahindra Bank is planning to open a branch at the international finance centre (IFC) at the GIFT City in Gujarat.

“We’ve decided to open a branch at the GIFT city,” its executive and vice chairman Uday Kotak said.

Kotak said the bank will be tracking developments on the regulatory and taxation fronts to start operations from the GIFT City near Ahmedabad.

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