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Actress Sharmila Tagore (right), and Mr K.V.S. Manian, Head Retail Liabilities, Kotak Mahindra Bank, at a press conference in Mumbai on Monday. - Shashi Ashiwal

Mumbai, Sept. 25

Kotak Mahindra Bank launched 24-carat Swiss gold bars under the brand name of "Gold Eternity". The gold bars will be available in lots of 50 grams and 100 grams across 42 branches of the bank. The gold bars are manufactured in Switzerland by Pamp, a gold refiner. "Gold performs the function of a wealth preserver in a portfolio. It helps hedge risks against growth asset classes like equity," said Mr K.V.S. Manian, Head-Retail Liabilities and Branch Banking, Kotak Mahindra Bank at a press conference here.

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