Uday Kotak

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

Hurun Global Rich List 2020: Ambani, Adani, Kotak in top 100 billionaires

Hurun Global Rich List 2020: Ambani, Adani, Kotak in top 100 billionaires

Mumbai’s Mukesh Ambani of Reliance Industries bagged the ninth spot on the Top 100 list with USD 67 billion in net worth

How Kotak gained over Rs 23,000 cr

How Kotak gained over Rs 23,000 cr

In a surprise capitulation, the RBI had relaxed the rules for the ceiling on percentage of shares held by the founders of private banks.

Finance Ministry working on FRDI bill, says Sitharaman

Finance Ministry working on FRDI bill, says Sitharaman

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 Bank drops plea against RBI

Kotak Bank drops plea against RBI

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

‘Consolidating brings growth opportunities’

‘Consolidating brings growth opportunities’

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

Only the fittest lenders survive in India's current financial system says Uday Kotak

Only the fittest lenders survive in India's current financial system says Uday Kotak

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

Cars no longer a aspiration, get ready for changes: Uday Kotak

Cars no longer a aspiration, get ready for changes: Uday Kotak

By talking about it he gave the example of his son who prefer to take a taxi rather going in his car.

IL&FS cuts about 50 per cent staff since October for cost-cutting

IL&FS cuts about 50 per cent staff since October for cost-cutting

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

Uday Kotak moots new legislation to reform public sector banking

Uday Kotak moots new legislation to reform public sector banking

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

‘High time 60 per cent tax on risk capital be cut’ Uday Kotak

‘High time 60 per cent tax on risk capital be cut’ Uday Kotak

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 doesn't see systemic risk in crisis afflicting NBFCs

Kotak doesn't see systemic risk in crisis afflicting NBFCs

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

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