Uday S. Kotak
Uday S. Kotak is an Indian banker and the founder of Kotak Mahindra Bank, one of India's largest private sector banks. He was born on March 15, 1959, in Mumbai, Maharashtra, India.
Kotak started his career by joining his family's cotton-trading business. In 1985, he founded Kotak Mahindra Finance Limited with a capital of just INR 30 million (approximately USD 600,000 at the time). The company started as a bill discounting firm but later diversified into various financial services such as investment banking, asset management, and insurance.
Under Kotak's leadership, Kotak Mahindra Bank has become one of India's leading private sector banks with a presence in several countries. The bank is known for its customer-centric approach and innovative products and services.
Kotak is also known for his contributions to India's financial sector. He has served on various government committees and has been instrumental in shaping India's financial policies. He is a member of several industry associations and has received numerous awards and honors for his contributions to the Indian economy.
Apart from his professional achievements, Kotak is also a noted philanthropist. He has established the Kotak Education Foundation, which supports various education-related initiatives in India.
As of April 2023, Forbes estimates Uday Kotak's net worth to be $20.2 billion, making him one of the wealthiest people in India.
Uday S. Kotak is an Executive Vice Chairman and Managing Director at Kotak Mahindra Bank Limited.
Uday Kotak is India’s most successful self-made banker. In just over 20 years, he has transformed his company from humble beginnings into a financial conglomerate.
He was the sole Indian Financier to feature in Money Masters: The Most Powerful People in The Financial World, by Forbes magazine, USA (May 2016).
Web : https://en.wikipedia.org/wiki/Uday_Kotak