Asia’s richest banker Uday Kotak loses $1.3 billion after RBI’s banKotak Bank shares tumbled as much as 13% on Thursday after it was barred from adding new customers through its digital channels and from is...
27 Apr, 2024, 01.07 PM IST
RBI approves appointment of Dipak Gupta as interim MD & CEO of Kotak Mahindra BankThe Reserve Bank of India (RBI) on Friday approved the appointment of Dipak Gupta as interim MD and CEO of Kotak Mahindra Bank. Gupta have ...
08 Sep, 2023, 12.17 PM IST
Kotak Mahindra Bank refutes media reports, says no RBI communication yet on CEO successionPrivate lender Kotak Mahindra Bank refuted claims made in a news report which claimed the Reserve Bank of India wanted the bank to select s...
31 Jul, 2023, 03.58 PM IST
Uday Kotak to become non-executive, non-independent director at Kotak Mahindra Bank after CEO tenureThe billionaire banker's transition from CEO was necessitated after central bank guidelines capped tenures for Indian business heads.
22 Apr, 2023, 11.19 AM IST
Kotak Bank taps consulting firm Egon Zehnder to replace CEO Uday KotakGroup presidents and whole-time directors Shanti Ekambaram and KVS Manian are the internal candidates for the top job, according to the peo...
21 Feb, 2023, 08.16 AM IST
Ashneer Grover praises ‘legend’ Uday Kotak amid legal battle"Uday Kotak is a legend. I had the fortune of starting my career in Kotak...and can tell you no one understands or does finance better in I...
30 Jan, 2022, 05.08 PM IST
Uday Kotak cautions against over-spending to protect the lives of present generation“We must also be clear that we are all borrowing from the future generations,” Kotak said in his note to employees. “This encompasses both ...
01 Jan, 2021, 02.56 PM IST
Uday Kotak to divest 2.8% stake in bank for at least 6,800 croreOn Monday, the shares closed 2.1 per cent higher at 1,249.25 on BSE.
02 Jun, 2020, 08.09 AM IST
Mukesh Ambani retains world's richest Indian tag, Uday Kotak becomes wealthiest self-made bankerAccording to the Hurun report, only 3 Indians are ahead of Kotak in the top 100 list.
27 Feb, 2020, 12.13 PM IST
Uday Kotak feels bankers need humility to make it bigThe Kotak Mahindra Bank MD credits his middle-class values for personal and professional growth.
16 Jan, 2020, 10.02 PM IST
RBI imposes Rs 2 crore penalty on Kotak Mahindra BankThe Central Bank said that the action is based on the deficiencies in regulatory compliance.
08 Jun, 2019, 09.30 AM IST
Asia's richest banker Uday Kotak gets richer amid five-year tussle with RBIThe founder of Mumbai-based Kotak Mahindra Bank Ltd. has seen his wealth nearly triple since March 2014.
12 Mar, 2019, 06.15 PM IST
Asia's richest banker may acquire rivals after RBI's rebuffIn 2014, the bank purchased ING Vysya Bank Ltd. in a deal valued at $2.4 billion via a share swap.
28 Aug, 2018, 07.28 PM IST
As banks hit crisis mode, Uday Kotak says rebuilding trust needs 3 playersKotak says, rebuilding trust needs nurturing of the system. Banking is one business where errors of commission are far more expensive than ...
03 Apr, 2018, 09.23 AM IST
Uday Kotak red flags inflation pressure on rate cycleIndia's consumer price inflation inched up to 3.65% in February from 3.17% in January as food prices started rising.
07 Apr, 2017, 12.48 PM IST
Anand Mahindra feels extremely proud of Uday Kotak, the man he mentoredUday Kotak owes his success not just to his hard work but also to Anand Mahindra.
30 Mar, 2017, 10.03 AM IST
Merger side-effect: ING townhall assuages staff fears on jobsCEO-designate of ING Vysya advised employees that they should be open to joining any vertical, and not be specific about job profile in cas...
22 Nov, 2014, 04.35 AM IST