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  • Forbes India Rich List 2021: See who is back in Top-10 club Oct 07, 2021 11:05 AM IST

    Forbes India Rich List 2021: See who is back in Top-10 club

    India's 100 richest are now worth $775 billion, according to the Forbes list.

  • Govt extends Uday Kotak's term as IL&FS chairman by 6 months Sep 22, 2021 04:02 PM IST

    Govt extends Uday Kotak's term as IL&FS chairman by 6 months

    Uday Kotak was appointed by the government as the head of the lender's board in 2018 to help the troubled company come out of difficulties, after the state took over the board.

  • Read the full text of Uday Kotak's message to shareholders of Kotak Mahindra Bank Jul 29, 2021 09:44 PM IST

    Read the full text of Uday Kotak's message to shareholders of Kotak Mahindra Bank

    "While India was amongst the hardest hit, the silver lining is that we have a tremendous opportunity before us to turn adversity into success for our people," Uday Kotak said.

  • Kotak Mahindra Bank will not shy away from taking 'bolder bets', says Uday Kotak Jul 29, 2021 09:03 PM IST

    Kotak Mahindra Bank will not shy away from taking 'bolder bets', says Uday Kotak

    During the year, the bank has undertaken a mindset shift to make retail and commercial lending focus, in addition to the corporate and deposit franchise, the veteran banker said in his message at the 2020-21 annual report.

  • Government needs to step up fiscal support amid second COVID-19 wave: Uday Kotak May 27, 2021 09:02 AM IST

    Government needs to step up fiscal support amid second COVID-19 wave: Uday Kotak

    Kotak also said the budget for FY22 was conservative in revenue estimates because if which a 6.8 percent fiscal deficit can be managed.

  • Why Kotak Bank is one of the best core portfolio stocks despite all the noise May 04, 2021 10:40 PM IST

    Why Kotak Bank is one of the best core portfolio stocks despite all the noise

    Kotak Mahindra's stock has underperformed both the Nifty and Bank Nifty in the last three months as its overly cautious approach to growth often doesn’t go down well with growth-hungry investors. More recently, the capping of private bank CEO’s tenure to 15 years by the RBI has raised questions about the bank’s future leadership as founder CEO Uday Kotak’s term ends on December 2023.

  • COVID-19 2nd wave: CII, President Uday Kotak suggest nationwide lockdown May 03, 2021 09:55 AM IST

    COVID-19 2nd wave: CII, President Uday Kotak suggest nationwide lockdown

    Such a move, he says, is necessary to reduce suffering. Though healthcare workers are putting in their best efforts to tackle the crisis, it might not be enough to manage the escalating caseloads with the medical talent available, he says. CII also lists a number of other suggestions.

  • Will new RBI rules on promoter-CEO tenure impact Uday Kotak? Apr 26, 2021 07:49 PM IST

    Will new RBI rules on promoter-CEO tenure impact Uday Kotak?

    The RBI rules allow Uday Kotak to continue till January 1, 2024 . However, the regulator has given a signal to the bank to plan the transition process.

  • CNBC-TV18 India Business Leaders Awards 2021: Uday Kotak named Outstanding Business Leader of the Year Mar 19, 2021 09:51 PM IST

    CNBC-TV18 India Business Leaders Awards 2021: Uday Kotak named Outstanding Business Leader of the Year

    Late former president Pranab Mukherjee was posthumously bestowed with the Hall of Fame Award, which was received by his daughter Sharmishtha Mukherjee.

  • Embargo lifted on grant of government business to private banks: FM Nirmala Sitharaman Feb 24, 2021 04:56 PM IST

    Embargo lifted on grant of government business to private banks: FM Nirmala Sitharaman

    The private sector banks can be involved in "conduct of government-related banking transactions such as taxes and other revenue payment facilities", the Department of Financial Services (DFS) said.

  • CII urges PM Modi to permit private sector to vaccinate employees: Report Feb 17, 2021 07:33 PM IST

    CII urges PM Modi to permit private sector to vaccinate employees: Report

    The expenditure which would be incurred to vaccinate the employees and local communities could be made "part of the Corporate Social Responsibility (CSR)", Kotak reportedly suggested to the Prime Minister.

  • Ideas For Profit | Why Kotak Bank is a stock to buy on every decline Jan 27, 2021 04:04 PM IST

    Ideas For Profit | Why Kotak Bank is a stock to buy on every decline

    The quality of growth at Kotak Bank remains as strong as ever. There are good reasons to pick it on every decline. 

  • RBI clears re-appointment of Uday Kotak as MD of Kotak Mahindra Bank for 3 years Dec 14, 2020 10:35 PM IST

    RBI clears re-appointment of Uday Kotak as MD of Kotak Mahindra Bank for 3 years

    It may be noted that the board of the bank and the shareholders had approved these re-appointments, subject to the approval of the RBI, at their respective meetings held on May 13, 2020, and August 18, 2020, the filing said.

  • Banking Central | Does a Kotak-IndusInd marriage make sense? Oct 26, 2020 11:48 AM IST

    Banking Central | Does a Kotak-IndusInd marriage make sense?

    Kotak Mahindra Bank may benefit in the long term by acquiring IndusInd but any bank merger comes with prolonged integration issues. Is this the right time?

  • Uday Kotak says now is best time to invest in India, lists 5 'right' sectors Oct 20, 2020 11:06 AM IST

    Uday Kotak says now is best time to invest in India, lists 5 'right' sectors

    Kotak Mahindra said "right sectors" to invest in India include digital, e-commerce, technology, pharmaceutical and consumers.

  • Uday Kotak's term extended by one year as IL&FS chairman Sep 23, 2020 08:54 PM IST

    Uday Kotak's term extended by one year as IL&FS chairman

    This is Kotak's second extension on IL&FS board, after the government extended his term for a year in October last year

  • Concept of globalisation undergoing transition: Uday Kotak Sep 15, 2020 07:19 PM IST

    Concept of globalisation undergoing transition: Uday Kotak

    The way India understands self-reliance is certainly being stronger, more confident and at the same time globally engaged, Kotak added.

  • Uday Kotak on recapturing Chinese control over Indian markets, and how we are moving to ‘never normal world’ Aug 18, 2020 02:51 PM IST

    Uday Kotak on recapturing Chinese control over Indian markets, and how we are moving to ‘never normal world’

    Uday Kotak said "we are moving to a world in finance, technology and business to a never normal world".

  • Uday Kotak says India's financial sector headed for consolidation Jul 23, 2020 05:43 PM IST

    Uday Kotak says India's financial sector headed for consolidation

    Speaking at a virtual interaction, Uday Kotak emphasised that the financial sector must have adequate capital risk management expertise

  • In pics | Here are India's top 4 highest paid bank CEOs in FY20 Jul 21, 2020 03:25 PM IST

    In pics | Here are India's top 4 highest paid bank CEOs in FY20

    HDFC Bank Managing Director Aditya Puri took home a total remuneration of Rs 18.9 crore in FY20

  • IL&FS board upgrades estimates of debt addressed to over Rs 57,000 crore Jul 20, 2020 12:49 PM IST

    IL&FS board upgrades estimates of debt addressed to over Rs 57,000 crore

    Aggregate value of debt being addressed is now estimated as over Rs 57,000 crore – with around Rs 50,500 crore likely to be addressed by March 2021

  • Financial sector will need to be recapitalised, says Uday Kotak Jul 09, 2020 11:02 PM IST

    Financial sector will need to be recapitalised, says Uday Kotak

    Kotak further said there will be costs that cannot be borne by businesses or the government, and these will be borne by the financial sector.

  • Private banks to catch up soon on credit guarantee scheme for MSMEs: Kotak   Jun 28, 2020 08:44 AM IST

    Private banks to catch up soon on credit guarantee scheme for MSMEs: Kotak  

    Kotak said that for private sector banks conservatism arises as they need to safeguard the interest of the depositors, whose trust in the private sector is critical for their functioning.

  • HDFC Bank boss Aditya Puri's record as India's longest-serving bank CEO likely to be unbroken Jun 15, 2020 09:57 AM IST

    HDFC Bank boss Aditya Puri's record as India's longest-serving bank CEO likely to be unbroken

    The nearest contender to break Puri’s record is Kotak Mahindra Bank’s promoter and CEO, Udaky Kotak, who has completed 17 years as bank chief. Kotak is the chief executive of the bank since 2004.

  • Uday Kotak not averse to takeover of weak businesses during COVID-19 crisis Jun 14, 2020 04:24 PM IST

    Uday Kotak not averse to takeover of weak businesses during COVID-19 crisis

    The outbreak of COVID-19 and sudden fall in demand has hit industries across the world.

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