Kotak Mahindra associates with Ripple

Blockchain Market News

Kotak Mahindra Bank declared to associate with Ripple for enhancing the cross-border remittances. The bank would be using the Ripple’s xCurrent which would lessen the time taken to process remittance payments. The Chief Digital Officer of the bank, Deepak Sharma stated, “xCurrent enables us to offer our customers a more transparent and efficient global payments service using blockchain.”

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