Kotak Mahindra Bank would buy Standard Chartered Bank India's ₹4,100 crore personal loan portfolio. This transaction should be completed in three months, pending regulatory clearances and closing conditions. The loans purchased are conventional, easing the transfer for banks and clients.

In a bid to harness the promising potentials that lie in the retail sector of India, realtors are increasingly pivoting towards the development of retail-driven assets under singular ownership.