Uday Kotak announced his resignation from the role of managing director and CEO of Kotak Mahindra Bank on Saturday. Spurning his family's trading business, Uday Kotak started a finance firm in 1985 then went on to convert it into a bank in 2003. His Kotak Mahindra Bank is now among India's top four banks in... After stepping down, billionaire banker Uday Kotak took to X (formerly Twitter) to upload a hand-written letter to Prakash Apte, chairman of the bank and the board of directors, saying, “It is... Journey of Uday Kotak : Uday Suresh Kotak , born on 15 March 1959, is a distinguished Indian banker renowned for founding Kotak Mahindra Bank, where he serves as a non-executive director. Early Life and Family Background Uday Kotak was born on March 15, 1959, in Mumbai, into an upper-middle-class Gujarati Hindu Lohana family known for their involvement in cotton trading. Growing up, he experienced life in a large joint family, where 60 members shared a single roof. Kotak humorously referred to ...
