Business Kotak Mahindra Bank open to acquisition opportunities; calls IndusInd Bank merger report 'speculative' Updated : October 26, 2020 09:10 PM IST Bank’s CFO told CNBC-TV18 during its earnings call that it had indicated its intent to look at acquisitions at the time of raising capital in June. Top IndusInd Bank sources told CNBC-TV18 the bank will be an “acquirer” and not an “acquiree” if any merger opportunity is considered.