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Kotak Mahindra Bank , on Monday, said it has tied up with C2FO, a provider of innovative working capital technology solutions, to offer its corporate customers a risk-free solution to manage working capital more efficiently.
The private sector lender, in a statement, said, “The partnership with C2FO is expected to improve returns and margins for Kotak’s customers, while creating an influx of liquidity for their vendors.”
Vendors of Kotak’s corporate customers can access early payment on approved invoices when they want and at desired discount rates, using C2FO, thus providing businesses with access to affordable capital.
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