Best Cash Management Bank in India - Kotak Mahindra Bank
The winning bank’s cash management proposition is built upon scalable and robust platform with varied solutions augmenting quicker turnaround time and efficient service framework to support customer's requirements. This was demonstrated in its mandate for a leading credit card bill payment platform in India, where bank was able to provide integrated solutions which resulted in near real time credit to customer’s credit card, resulting in their limit enhancement at the same time.
Also in India, UPI has proven to be a game changer and as transactions soared at the height of the pandemic, the bank has proven its ability to handle surging volumes by implementing technological enhancement as well as innovation to meet the client’s requirement and offer a seamless payment experience to end customers.
Given these achievements, the bank was able to significantly grow its cash management revenue and fee income component in 2021. Therefore, the Best Cash Management Bank in India is Kotak Mahindra Bank.
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