Kotak Bank’s New Forex Service


Kotak Mahindra Bank has launched Kotak Remit — an Aadhaar-based integrated outward forex remittance solution for both customers and non-customers.

The 24×7 forex remittance service offers a completely paperless process that enables users to register online using Aadhaar and PAN numbers, and initiate remittances instantly.

Important Takeaways from Above News-
  • Mr. Uday Kotak is the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank.
Source- The Hindu

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