Kotak Mahindra Bank (KMB) is likely to recruit around
1500-2000 persons in the current financial year. The bank is planning to add
Kotak about 100 new branches in its network to take the tally to around 550 by
the end of this fiscal. It has decided to recruit fresher’s off-campus and also
experienced ones from the industry.
The bank has reported 42.61% rise in its net profit at Rs
402.82 crore for the quarter as compared to Rs 282.45 crore for the same
quarter in the previous year. Total income of the bank has increased by 28.95%
at Rs 2652.40 crore for quarter under review as compared to Rs 2056.98 crore
for the quarter ended June 30, 2012.