Why should an investor be barred from selling his investments, which are currently hammered on account of coronavirus pandemic, Kotak sai...Read More
Terming banks as converters, the seasoned banker said, depositors' money is lent to borrowers and money earned from borrowers are paid as...Read More
During his first press conference as the new head of Confederation of Indian Industry (CII), Kotak said he is in agreement with Commerce ...Read More
Real estate developers must lower home prices to clear unsold inventories so that buyers can get places to live at affordable prices, new...Read More
By FPJ Web Desk
Uday Kotak, Managing Director and CEO, Kotak Mahindra Bank Limited takes over as President of CII for 2020-21. Meanwhile, T V Narendran, ...Read More
Net interest income for FY20 increased to Rs 13,500 crore from Rs 11,206 crore in FY19, and for Q4 FY20 increased to Rs 3,560 crore from ...Read More
The move comes weeks after the top management voluntarily surrendered 15% of their payments for 2020-21.
The impact of Coronavirus on businesses has prompted many chiefs of various companies to go for a pay cut or forgo their compensation. Wh...Read More
Others include Niranjan Hiranandani, Choksi family of Asian Paints, Kishore Biyani of Future Group and Sharad P Chauhan & family of Parle...Read More
Mumbai’s Mukesh Ambani of Reliance Industries bagged the ninth spot on the Top 100 list with USD 67 billion in net worth
In a surprise capitulation, the RBI had relaxed the rules for the ceiling on percentage of shares held by the founders of private banks.
The comments assume importance given the massive five-fold hike in deposit insurance and the recent changes in the insolvency laws that i...Read More
Kotak Mahindra Bank said the RBI has given its in-principle acceptance for reducing promoters' shareholding to 26% of the paid-up voting ...Read More
In a New Year message to employees, Kotak urged everyone to be on the toes in the current environment where Charles Darwin's 'Survival of...Read More
Mumbai: Noted banker Uday Kotak on Tuesday said the country's financial system is currently in a Darwinian mode as only the fittest lende...Read More
By talking about it he gave the example of his son who prefer to take a taxi rather going in his car.
By FPJ Bureau
The crisis-ridden IL&FS Group has either laid off or separated 43% employees as a cost cutting measure since its new board was appointed ...Read More
After the abrogation of Article 370, banker Uday Kotak Monday called upon the government to bring in more legislative changes to lower st...Read More
Amid the growing worries over higher taxes that have roiled the markets, banker Uday Kotak called for a relook at the levy on risk capita...Read More
Kotak, who has been tasked by the Government to navigate the troubled infra lender IL&FS out of the mess, said concerns on solvency of so...Read More