Kotak Investment Advisors is set to launch its largest-ever fund, the $2 billion Kotak Strategic Situations Fund III, with a first close expected by March and final close by June. Building on past successes, the fund will invest in strategic opportunities across equity, debt, and hybrid instruments. Existing investors are participating, alongside strong interest from new global institutions.
Credit card issuance hits strongest pace in more than two years
The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past
July 27, 2026