4th largest Indian private lender, Kotak Mahindra Bank, plans to hire 400 engineers this year to upgrade tech systems and meet regulatory requirements.
4th largest Indian private lender, Kotak Mahindra Bank, plans to hire 400 engineers this year to upgrade its tech systems and meet regulatory requirements, having already hired 500 engineers over the last two years. Technology spending rose by 30% to 17 billion rupees ($204 million), representing 10% of operating expenses. The new hires aim to help the bank achieve a "critical mass" in tech talent, with additional staff being added gradually.
May 08, 2024
3 Articles