November 23, 2024 01:56 (IST)
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Kotak Mahindra Bank re-defines trade finance with Blockchain

Kotak Mahindra Bank re-defines trade finance with Blockchain

Kolkata, May 17 (IBNS): Kotak Mahindra Bank (Kotak), with the help of Blockchain technology, ushers in a new era in trade & commerce by reducing time taken for a Letter of Credit (LC) from 20-30 days to only couple of hours.