Kotak Buys Vehicle Financing Portfolio Of Volkswagen Finance

New Delhi:  Kotak Mahindra Group and Volkswagen Finance Private Limited (VWFPL) on Thursday announced that Kotak has acquired the vehicle financing loan portfolio of VWFPL. VWFPL is the Indian captive financing arm of Volkswagen Group. Kotak Mahindra Prime Limited or Kotak Prime will acquire the passenger cars and two-wheelers portfolio, and Kotak Mahindra Bank Limited (KMBL) will acquire the commercial vehicles portfolio of VWFPL, b...