Private sector lender, Kotak Mahindra Bank has successfully brought down the proportion of its retail unsecured loans to Rs 1,600 crore in Q2 FY10, from Rs 2,900 crore in the year-ago period, a top official said.

"The amount (of unsecured loans) in our book as on September, 2008 was Rs 2,900 crore, which has been brought down to Rs 1,600 crore. Though this process will continue in the period ahead, there are no plans to exit the portfolio completely," Kotak Mahindra Bank's Chief Financial Officer, Jaimin Bhatt said here.