Uday Kotak

Mukesh Ambani India's richest with $84.5 billion, Gautam Adani second: Forbes

Mukesh Ambani India's richest with $84.5 billion, Gautam Adani second: Forbes

Reliance Industries Chairman Mukesh Ambani topped the Forbes list of India's 10 richest billionaires with a net worth of $84.5 billion, f...Read More

COVID-19: Maharashtra CM Uddhav Thackeray meets biz leaders to discuss mitigation plan

COVID-19: Maharashtra CM Uddhav Thackeray meets biz leaders to discuss mitigation plan

Maharashtra Chief Minister Uddhav Thackeray on Sunday met a group of business leaders from the state to discuss the way forward to restri...Read More

'Commitment of govt to spur growth is not limited to Budget alone': CII's Uday Kotak welcomes Nirmala's Sitharaman Budget 2021

'Commitment of govt to spur growth is not limited to Budget alone': CII's Uday Kotak welcomes Nirmala's Sitharaman Budget 2021

Finance Minister Nirmala Sitharaman on Monday proposed a sharp increase in expenditure on infrastructure, doubling of healthcare spending...Read More

India needs multiple bad banks to address adverse impact of non-performing assets: CII

India needs multiple bad banks to address adverse impact of non-performing assets: CII

Mumbai: Confederation of Indian Industry (CII) has urged the government to consider the creation of multiple bad banks to address the adv...Read More

How Uday Kotak became world’s richest banker after brush with death

How Uday Kotak became world’s richest banker after brush with death

A native of the western state of Gujarat, Mr Kotak set up an investment company in 1985 with a Rs 3 million loan ($41,000) from family an...Read More

RBI clears re-appointment of Uday Kotak as MD of KMB for 3 years

RBI clears re-appointment of Uday Kotak as MD of KMB for 3 years

Private sector Kotak Mahindra Bank (KMB) on Monday said the RBI has approved the re-appointment of Uday Kotak as managing director of the...Read More

Govt extends term of Uday Kotak as IL&FS chairman by one year

Govt extends term of Uday Kotak as IL&FS chairman by one year

The government through a gazatte notification extended term of Kotak, who is managing director and chief executive officer of Kotak Mahin...Read More

Banks ready to lend for purchasing vehicles; no issue in terms of fund availability: Uday Kotak

Banks ready to lend for purchasing vehicles; no issue in terms of fund availability: Uday Kotak

Kotak -- Managing Director and CEO of Kotak Mahindra Bank, and President of industry grouping CII -- also urged the government to address...Read More

Kotak cuts stake in line with RBI norms

Kotak cuts stake in line with RBI norms

Private sector lender Kotak Mahindra Bank on Monday said it has achieved compliance with the RBI norms in respect of dilution of promoter...Read More

Kotak Bank net falls 8.5% on provisioning

Kotak Bank net falls 8.5% on provisioning

The Q1 FY21 net profit remained nearly flat when compared sequentially from Rs 1,266.60 crore in March quarter.

Financial sector will need to be recapitalised, says Kotak

Financial sector will need to be recapitalised, says Kotak

He further said there will be costs that cannot be borne by businesses or the government, and these will be borne by the financial sector.

Kotak not averse to takeover of weak businesses during COVID crisis

Kotak not averse to takeover of weak businesses during COVID crisis

Why should an investor be barred from selling his investments, which are currently hammered on account of coronavirus pandemic, Kotak sai...Read More

Nothing should be done to hurt interest of depositors: Kotak

Nothing should be done to hurt interest of depositors: Kotak

Terming banks as converters, the seasoned banker said, depositors' money is lent to borrowers and money earned from borrowers are paid as...Read More

Builders should lower home prices, clear inventories: Uday Kotak

Builders should lower home prices, clear inventories: Uday Kotak

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

'Builders should lower home prices, clear inventories': CII President Uday Kotak tells real estate developers

'Builders should lower home prices, clear inventories': CII President Uday Kotak tells real estate developers

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

CII’s new officer bearers for 2020-2021: Kotak Mahindra Bank’s Uday Kotak; Tata Steel’s T V Narendran; and Bajaj Finserv’s Sanjiv Bajaj

CII’s new officer bearers for 2020-2021: Kotak Mahindra Bank’s Uday Kotak; Tata Steel’s T V Narendran; and Bajaj Finserv’s Sanjiv Bajaj

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

Kotak Mahindra Bank Q4 profit falls 10% at Rs 1,267 crore

Kotak Mahindra Bank Q4 profit falls 10% at Rs 1,267 crore

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

Kotak Mahindra Bank staff with over Rs 25 lakh annual salary should brace for a 10% pay cut

Kotak Mahindra Bank staff with over Rs 25 lakh annual salary should brace for a 10% pay cut

The move comes weeks after the top management voluntarily surrendered 15% of their payments for 2020-21.

From Mukesh Ambani to Uday Kotak: Top CEOs who've taken pay-cuts amid coronavirus downturn

From Mukesh Ambani to Uday Kotak: Top CEOs who've taken pay-cuts amid coronavirus downturn

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

Not just Mukesh Ambani, 49 other Mumbai billionaires on Hurun Global Rich List 2020

Not just Mukesh Ambani, 49 other Mumbai billionaires on Hurun Global Rich List 2020

Others include Niranjan Hiranandani, Choksi family of Asian Paints, Kishore Biyani of Future Group and Sharad P Chauhan & family of Parle...Read More

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