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Uday Kotak
Uday Kotak (born 15 March 1959) is an Indian billionaire banker, entrepreneur, and the founder and executive vice chairman & managing director of Kotak Mahindra Bank, one of India’s leading
...Read more- Who is Ashok Vaswani, Kotak Mahindra Bank’s next MD, CEO?
Ashok Vaswani’s appointment is for a period of three years from the date of taking charge which shall not be later than January 1, 2024.
- Kotak Mahindra Bank to appoint Ashok Vaswani as new MD & CEO
Vaswani's appointment is for a period of three years from date of taking charge which shall not be later than January 1, 2024, Kotak Mahindra Bank said in a regulatory filing
- Competition Commission should play a stronger role in addressing concentration of business power, says Uday Kotak
The veteran banker said concentration of business power can give results in the short run but poses a risk in the long run.
- Raja-praja business model may make disproportionate wealth but trusteeship model builds a nation: Uday Kotak
Kotak said that he is a “big believer” that there are two business models in corporate India.
- Only a few large companies investing; policymakers must push for free & fair market: Uday Kotak
With the threat of artificial intelligence (AI) gobbling up jobs in the future, Kotak said Indian policymakers will have to look at universal basic income to support the population which stands impacted.
- Evergrande collapse shows China's poor learning from India's IL&FS fiasco: Uday Kotak
On September 27, Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, was placed under police control
- The Uday Kotak Playbook: A peek into the veteran banker's management style
The man who bought out the world’s most revered investment bank, and gave other Indian banks a run for their money
- Kotak Bank minus Uday Kotak: Can the bank continue its winning streak?
Kotak Bank has delivered 29 percent CAGR over 20 years, racing ahead of the best and biggest banks
- I was sad when I resigned, but more pained about his resignation: Kotak veteran on Uday Kotak
Shekhar Iyer, part of the first batch of employees at Kotak & Co, went on to become Senior Vice President-Branch Operations at Kotak Life.
- Uday Kotak’s successor at KMB unlikely to face major challenges, say experts
Currently, joint MD Dipak Gupta will be the interim MD and CEO till a new chief is named.
- Brokerages retain ratings, target prices for Kotak Mahindra Bank despite Uday Kotak's exit
Kotak explained that due to personal commitments, including his son's November 2023 wedding near the end of his tenure in December, he felt it was wise to resign.
- Who will emerge as the new MD & CEO at Kotak Mahindra Bank? Here are the frontrunners
Dipak Gupta, who is Joint Managing Director, will take over as interim Managing Director & CEO until December 31, 2023. But there are other frontrunners for the position.
- Banking Central | Why Uday Kotak's era is far from over at Kotak Mahindra Bank
Kotak, along with his relatives and enterprises in which he has beneficial interest, held 25.95 percent of the equity share capital of the bank and 17.26 percent of the paid-up share capital of Kotak Mahindra Bank as on March 31, 2023.
- Uday Kotak ends one brilliant chapter at the bank despite run-ins with the regulator
While Uday Kotak took very few risks with his lending, he did take regulatory risks. He has been the only banker to have taken the regulator, the RBI, to court on the issue of not bringing down his stake in the bank to 15 percent.
- Uday Kotak resigns as Kotak Mahindra Bank MD & CEO, Dipak Gupta takes interim charge
As an interim arrangement, Dipak Gupta, the Joint Managing Director, will carry out the duties of the Managing Director & CEO until December 31, 2023, subject to the approval of the RBI and the members of the Bank, the bank added.
- B20 India Summit: Uday Kotak pitches for sustainable development
On August 26, veteran banker Uday Kotak pitched for sustainable development saying risk of existential viability of planet is above business viability.
- B20 Summit: Uday Kotak pushes for need to find ways for companies to contribute 0.2% profit to G20 goals
Earlier, addressing the inaugural session of the summit, B20 Chair N Chandrasekaran expressed his optimism in India's progress, emphasising that 'India's growth journey will shape the world's future'.
- Uday Kotak says Kotak Mahindra Bank must outlive his name
Asia's richest banker Uday Kotak was speaking exclusively to CNBC-TV18's Shereen Bhan at the Banking Transformation Summit today.
- I dream of Indian rupee as reserve currency by 2047, says Uday Kotak
Kotak Mahindra Bank MD and CEO picked education, defence, economic growth and social well-being as the areas that India should focus on to become a global leader by 2047
- Kotak Mahindra Bank says no communication received from RBI on Uday's Kotak's succession
"We would like to state that there is no communication, formal or informal, from RBI to Kotak Mahindra Bank or its Board members on CEO succession," Kotak Mahindra Bank said in a statement
