StanChart sells India personal loan business to Kotak Mahindra Bank
(Reuters) - India's Kotak Mahindra Bank said on Friday it will buy Standard Chartered Bank's personal loan book in India, which is worth 41 billion rupees ($488 million). ($1 = 84.0290 Indian rupees) (Reporting by Dimpal Gulwani; Editing by Savio D'Souza)