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Bank of Nova Scotia Announces Referral Relationship With Kotak Mahindra Bank Ltd

Tuesday, 4 Sep 2012 09:30am EDT 

Bank of Nova Scotia announced that it has reached an agreement with India's Kotak Mahindra Bank Ltd to provide financial services to people emigrating to Canada and to Indo-Canadians seeking accounts and investment services in India. This alliance will bring together the respective strengths of each bank to enable referrals for customers in Canada and India. Through the alliance, select Kotak Mahindra Bank branches will offer Canada-bound Indian residents with access to the Scotiabank StartRight Program for Newcomers. The Scotiabank StartRight program includes an international account opening program and assists with Canadian credit card applications, all prior to leaving India. In Canada, select Scotiabank branches will help non-resident Indian customers seeking bank accounts in India by referring them to Kotak Mahindra Bank's MyIndia Program their non-resident Indian (NRI) and people of Indian Origin (POI) banking solution. 

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