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Kotak Mahindra Bank to open branch at GIFT City in Gujarat

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.

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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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