Uday Kotak

Kotak pointed out that prior to the COVID-19 pandemic, mutual funds accounted for only a modest share of household savings in India.

India-US bond yield spread narrows, prompting Uday Kotak to wonder if a historic flip is coming

The spread between the two benchmark yields has fallen to a more-than-two-decade low, driven largely by a spike in US yields.

Uday Kotak says the Indian housewife is 'smartest fund manager in the world'. Sridhar Vembu reacts

The total buying price of 10 grams of 24-karat gold, including GST, is more than RS 1 lakh. Gold rates in India surged in the spot market on Tuesday ahead of Akshaya Tritiya on April 30 and a sharp rally in the global markets.

Jay Kotak picks a side in 'investing versus running businesses' debate that father Uday Kotak once ignited

Jay Kotak has backed the next generation of business families to focus on building businesses, while RP-Sanjiv Goenka Group’s Shashwat Goenka believes it is important to do both investing as well as run operations.

Uday Kotak’s stark warning and what it means for banks

India’s banking sector is facing an unusual dilemma—one that threatens profitability and long-term sustainability. With borrowing costs exceeding lending rates, banks are caught in a tight spot, struggling to maintain their traditional business models.

Kotak Mahindra Bank's private banking unit likely to add thousands of new clients

The billionaire Uday Kotak-backed division added 2,280 new families to its client base in private banking in the year ending March 2024

Three key risks and a reality check: Uday Kotak on equity valuations, Trump's tariffs, and dollar strength

Veteran banker Kotak believes President Trump’s intent to correct US trade deficit with India may put an additional load on India’s CAD. Hence, India’s trade playbook may need to change across economies.

Uday Kotak and family buys residential property worth Rs 202 crore at Mumbai's Worli Sea Face

The 12 properties that Uday Kotak and his family bought are located at the Shiv Sagar residential development, according to documents accessed by Zapkey

Time for India to prepare: Uday Kotak warns of global fallout from Trump’s tariffs on China, Canada and Mexico

Kotak highlighted the potential disruption to global supply chains, as the US imposes new tariffs on Canada, Mexico, and China

Uday Kotak says India Inc must 'go for growth' to fire up animal spirits, in year-end musing

Kotak Mahindra Bank founder shared a set of ten forward-looking priorities to guide for sustainable growth, and to seek global competitiveness. Uday Kotak's blueprint mentions the need for urgent focus on growth, by reigniting enterprise and the entrepreneurial 'animal spirits' to drive innovation and wealth creation.

India needs to improve return on time invested (ROTI) to transform into future, says Uday Kotak

Kotak also said that if India has to become global power, we need to get stronger in defence

Uday Kotak asks if India can weather the 'global shock' of a bigger FPI selloff?

The October FPI selloff had led to Nifty's worst monthly fall since the pandemic. Uday Kotak said his larger point was if the stock markets are resilient enough to face such a shock, and that the country must get competitive on global trade.

Uday Kotak-backed Alternate Asset to raise healthcare fund

The Mumbai-based firm has begun pitching the new fund through global and local roadshows including in New York to attract investors, according to Ashish Ranjan, a fund manager at the firm.

After a 'great year' for stocks, here's Uday Kotak advice for investors

The year has seen a solid 25% returns on the benchmark indices, with the broader market delivering nearly 48% gains, handsomely rewarding stock market investors. Uday Kotak has advised investors to now be careful about the balance of their investment portfolio.

MC Exclusive | RBI ban is like baptism by fire, cannot let a crisis go wasted: Ashok Vaswani, MD & CEO, Kotak Mahindra Bank

Stating that resolving the issue around digital onboarding of customers through the bank’s mobile app is not just about satisfying the RBI, but about building the backbone to take the bank to the next level, Vaswani, told Moneycontrol that working on lifting the ban is his top priority.

MC Exclusive | Reserve Bank ban ‘lit a fire under us’: Ashok Vaswani

I don’t feel different or like an outsider: MD & CEO, Kotak Mahindra Bank

MC Exclusive | Uday Kotak is my greatest strategic asset, says Ashok Vaswani, MD, Kotak Mahindra Bank

Talking about the relationship with Uday Kotak, the bank's founder and non-executive director, Vaswani said that while he didn't know him previously, Kotak deserved credit for stepping away from something he had built.

Arm of Uday Kotak's group joins the rush for private credit market

While private credit as an asset class has expanded globally, India has become a hotbed for the strategy, where institutions and funds make loans directly to companies, as investors hunt for higher returns.

Kotak Mahindra Bank issues clarification on public statements made by Hindenburg

In the clarification, Kotak Bank noted that Kingdon never disclosed to KMIL that they had any relationship with Hindenburg nor that they were acting on the basis of any price sensitive information.

Kotak bank created and oversaw offshore fund that partner used to short Adani stocks, says Hindenburg

Adani-Hindenburg case: US-based Hindenburg Research received a 46-page show cause notice from SEBI regarding its Adani Report on June 27, the shortseller said.

A zero accident policy is a very risky policy for India's growth, says Uday Kotak

Despite a 'rough history' in India's banking sector, the nation must find ways to fix things quickly and move on, whenever things goes wrong, Kotak added.

'Even next generation will flourish,' says Uday Kotak as Godrej family agrees to split conglomerate

Godrej family has decided to restructure its shareholding in the conglomerate to operate as two entities, Godrej Enterprises and Godrej Industries

Asia's richest banker Uday Kotak loses $1.3 billion after RBI's curbs

Kotak Mahindra bank said in response that it has taken measures for 'adoption of new technologies to strengthen its IT systems and will continue to work with RBI to swiftly resolve balance issues at the earliest'

Uday Kotak warns of global turbulence after hotter-than-expected US inflation

Headline inflation in the US rose more than expected in March, eroding any hopes of a rate cut by the Federal Reserve in the near term

BKC costlier than Manhattan! Uday Kotak flags disparity in real estate prices of New York, Mumbai

The Kotak Mahindra Bank founder was responding to a social media post by Kotak AMC's Nilesh Shah