




At a panel discussion, leaders of India Inc also shared their thoughts on the state of the economy and the likely trajectory ahead
In an interview with The Economic Times, Kotak Mahindra Bank chief executive officer said that the Indian banking sector today has the sweetest credit cycle in many years
Vikram Kirloskar’s wife is Geetanjali Kirloskar. The couple’s daughter is Manasi.
Jay Kotak, son of founder Uday Kotak who has led the business since establishing it in 1985, is not a contender for the role, according to KVS Manian, the firm’s whole-time director.
Abu Dhabi Investment Authority could chip about $500 million into the property fund, while Allianz SE could invest about $220 million
Uday Kotak said it was a “proud moment” for India as the country overtook its colonial ruler, the UK, to become the world’s fifth largest economy.
“Federal Reserve Chairman Powell finally spoke firmly to fight inflation. Reminds us of Paul Volcker who broke the back of US inflation in 70s/80s. Watch out for Quantitative Tightening ( QT). US rules the financial world. Opiated markets will wake up and smell the coffee!” he said in a tweet.
In a message to the shareholders, Kotak said India continues to have a fundamentally sound growth story.
Amid persistent weakness in the rupee’s exchange rate versus the dollar, the RBI announced a mechanism to settle trade transactions in rupee terms
“In the US for my Harvard 5th year reunion. A nation in decay,” Jay Kotak wrote on Twitter.
"Doing what is right and not populist is crucial. A “burning Lanka” tells all what not to do!” Uday Kotak tweeted.
Kotak Mahindra Bank is bullish on loan growth and liquidity makes it possible to look at market opportunities, says chief Uday Kotak in an interview.
Kotak's comments are significant as it comes against the backdrop of consolidation in the banking sector.
Kotak's comments assume significance as the central bank is presently fighting persistently high inflation.
There were concerns that oil would go out of control in the aftermath of the Russia-Ukraine war but that doesn’t seem to be the case, the Managing Director and CEO of the Kotak Mahindra Bank has said
IL&FS stepped into trouble after a subsidiary, IL&FS Transportation, defaulted on loan repayment in 2018.
Uday Kotak was referring to India's dependence on Russia for its defence equipment. Russia is India's biggest supplier of defence weapons.
Driving forward the theme ‘Navigating 2022: Chasing the Recovery’, the meeting brought together Global & Indian CEOs to discuss with CNBC-TV18’s Managing Editor, Shereen Bhan, what the year holds amidst the uncertainties brought on by the pandemic
The decision was taken at a board meeting of the market regulator. The tweaked rule will now fully come into force from April 1, 2022 after multiple delays.
Rahul Bajaj death: Mahindra Group Chairman Anand Mahindra shared a photograph of Rahul Bajaj and thanked him for “cheering” him and “encouraging” him to be “bold”.