Uday Kotak

Uday Kotak News

RBI may effect one more rate hike; repo rate may rise to 6.5 pc: Uday Kotak

The Reserve Bank of India (RBI) Wednesday hiked the key repo rate by 35 basis points to 6.25 per cent,…

December 8, 2022 18:27 IST

Uday Kotak, CEO, business, business head, expansion plans, consumer spending, economy, technology, consumer experiences, financial products, infrastructure

Uday Kotak’s son ruled out as new boss; ‘he will have to work his way up on merit’, says Kotak Mahindra Bank

Jay Kotak, son of founder Uday Kotak who has led the business since establishing it in 1985.

November 15, 2022 14:19 IST

Uday Kotak, indian economy, indian economy vs UK economy, economic growth

As India pips UK, a reality check from Uday Kotak

While the Indian economy is ahead of the UK in absolute number, India’s per capita income is significantly lower on…

September 5, 2022 05:45 IST

From a world where money had zero price to a point where money comes at a price: Uday Kotak

We have moved from a world where money had zero price to a point where money does come at a…

July 29, 2022 10:01 IST

Follow ringmaster US Fed to save local currency, says Uday Kotak

The US Fed has been tightening its monetary policy to rein in inflation, which has touched a record 41-year high.

July 20, 2022 16:52 IST

Private sector lender Kotak Mahindra Bank Q4 results

Kotak bank shares 811 update, Uday Kotak introduces son to investors

According to analysts who attended the investor call, KMB added nearly four million customers through 811 in FY22, taking the…

May 28, 2022 01:30 IST

Kotak Mahindra Bank standalone PAT jumps 65% to Rs 2,767 crore

The lender had reported a standalone PAT (Profit After Tax) of Rs 1,682 crore in the year-ago period.

May 4, 2022 22:04 IST

Uday Kotak said as the increase in repo rates gets priced into deposit rates, MCLR-based loans will gradually get repriced.

RBI taking inflation, inflationary expectations seriously: Uday Kotak

The RBI on Wednesday after an unscheduled MPC meeting hiked the benchmark lending rate by 40 basis points (bps) to…

May 4, 2022 20:42 IST

Uday Kotak, RBI monetary policy, RBI rate hike

Uday Kotak suggests 1% rate hike in FY2023, presents roadmap for RBI to get to 0% real interest rate

Kotak Mahindra Bank CEO Uday Kotak suggested that the central bank could raise rates four times this fiscal, with hikes…

April 11, 2022 12:35 IST

But Kotak's advice should be taken seriously for better recoveries and even prevention of corporate stress.

Resolution lessons: Uday Kotak has drawn from his IL&FS experience to hit the nail on the head

Kotak hinted that the relatively better position of the PSU banks as opposed to other lenders in the IL&FS case…

April 4, 2022 03:40 IST

Need to get cracking on judicial process to move faster: Uday Kotak

On the subject of group resolution, Kotak said there were no legal answers to it and that “we are still…

March 30, 2022 06:00 IST

IL&FS resolution under Kotak completes Rs 61,000 crore of Rs 99,355 crore debt

Addressing the media, Kotak also announced the end of his term as the chairman of the six-member board from April…

March 29, 2022 22:12 IST

Uday Kotak says Budget 2022 an opportunity to create digital assets

Technology-led initiatives were central in this year’s Budget wherein the government announced launch of digital rupee, setting up of 75…

Updated: February 2, 2022 15:51 IST

Uday Kotak had sold 56 million shares held by him in the bank for at least Rs 6,913.75 crore through a block deal to reduce his stake to 26%. —fe bureau

Will continue to be MD & CEO of bank till Dec 2023: Uday Kotak

The comments from Kotak came after the Reserve Bank of India (RBI) issued guidelines that the MD and CEO of…

May 4, 2021 02:15 IST

RBI, Uday Kotak, Kotak Mahindra Bank, HDFC Bank, ICICI Bank, Axis bank

RBI’s CEO tenure cap: Here’s how it will impact Uday Kotak; HDFC Bank, ICICI Bank, Axis Bank safe

RBI circular stated that the upper age limit for MD and CEO and WTDs in the private sector banks would…

April 28, 2021 13:06 IST

PM Narendra Modi’s thrust on private sector creates ‘tsunami of opportunities’ for entrepreneurs: Mukesh Ambani

“Firstly, our PM Narendra Modi has been advocating a greater role for the private sector in India’s future development,” Mukesh…

Updated: March 25, 2021 21:43 IST

Should you buy or sell Kotak Mahindra Bank shares as net profit falls? Check what brokerages say

Kotak Mahindra Bank stocks were seen trading higher by 1.7% on Tuesday morning, despite a slip in standalone net profit…

July 28, 2020 10:47 IST

The CII chief says India Inc must shun excessive obsession with short-term growth pangs and look at raising capital to tide over the pandemic and reap medium-term gains.

Uday Kotak believes this one thing can help India become ‘world’s office’ if China is ‘world’s factory’

Billionaire banker and managing director of Kotak Mahindra Bank Uday Kotak on Sunday underscored the cost-competitiveness of Indian talent across…

May 24, 2020 18:15 IST

Modi’s lockdown like ‘Abhimanyu’s Chakravyuh’: Uday Kotak explains why it’s not easy to get out of it

As the country remains under lockdown due to the outbreak of coronavirus, billionaire banker Uday Kotak has put an analogy…

May 14, 2020 12:24 IST

Kotak Mahindra, Federal, IDFC First Bank sold part of Yes Bank shares in just 14 days after bailout

After having saved the cash-strapped Yes Bank from going bust, three of the banks, which invested in the troubled private…

Updated: April 23, 2020 17:08 IST

Time to think of policy on dealing with bank failures: Uday Kotak

As the banking sector expands with entry of new players in different avatars, veteran banker Uday Kotak feels policymakers must…

May 15, 2016 14:08 IST

Vijay Mallya loan case: Banks should focus on recovering dues, says Uday Kotak

Banks should focus on recovery rather than “going after borrowers”, eminent banker Uday Kotak said today, a day after embattled…

April 30, 2016 20:48 IST

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Uday Kotak Photos

Photos: Narendra Modi, Ratan Tata, Uday Kotak…

February 17, 2015 14:50 IST

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