CCI approves the proposed combination involving the acquisition of standard unsecured personal loans portfolio of Standard Chartered Bank, India Branch by Kotak Mahindra Bank Limited. https://www.taxtmi.com/news?id=28142 Approval was granted for the proposed combination under which Kotak Mahindra Bank Limited will acquire the standard unsecured personal loans portfolio of Standard Chartered Bank, India Branch. The transaction is an acquisition of the Target Business comprising unsecured personal loans to individual borrowers in India. Kotak Mahindra Bank is a publicly listed banking company registered with the Reserve Bank of India engaged in retail, wholesale and treasury banking. A detailed order of the Commission will follow. en-us Wed, 27 Nov 2024 09:55:19 +0530 Wed, 27 Nov 2024 09:55:19 +0530 TaxTMI RSS Generator CCI approves the proposed combination involving the acquisition of standard unsecured personal loans portfolio of Standard Chartered Bank, India Branch by Kotak Mahindra Bank Limited. https://www.taxtmi.com/news?id=28142 Approval was granted for the proposed combination under which Kotak Mahindra Bank Limited will acquire the standard unsecured personal loans portfolio of Standard Chartered Bank, India Branch. The transaction is an acquisition of the Target Business comprising unsecured personal loans to individual borrowers in India. Kotak Mahindra Bank is a publicly listed banking company registered with the Reserve Bank of India engaged in retail, wholesale and treasury banking. A detailed order of the Commission will follow. News - Wed, 27 Nov 2024 09:55:19 +0530 https://www.taxtmi.com/news?id=28142