Men walk past a Kotak Mahindra Bank Ltd. automated teller machine (ATM) in Mumbai. (Photographer: Adeel Halim/Bloomberg)

Edelweiss Says Kotak Mahindra Bank Is In A Sweet Spot, Sees 18% Upside

Kotak Mahindra Bank’s digital push—the 811 initiative—has put the lender in a sweet spot, according to brokerage Edelweiss Securities.The homegrown lender has seen massive traction in its liability...