Kotak Mahindra Bank in India plans to expand its branch network by 175 to 200 branches in FY25. This decision comes despite recent regulatory restrictions from the Reserve Bank of India (RBI) on digital customer acquisition and credit card issuance due to IT-related issues. Group President and Head of Consumer Bank, Mr. Virat Diwanji, highlighted the bank's commitment to this expansion strategy, noting a historical addition rate of approximately 150 branches annually. The focus will be on areas with high deposit potential to strengthen customer acquisition through physical branch networks amidst current digital limitations.