Uday Kotak Net Worth is4,300 $Million
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Uday Kotak (born 15 March 1959) is an Indian businessman. He is the vice-chairman and managing director of Kotak Mahindra Bank. He owns a 50% stake in Kotak Mahindra Bank, which he founded and runs. Forbes estimated his wealth to be $4.1 billion in 2012. In 2006 he ended a 14 year partnership with Goldman Sachs by acquiring its 25% stake in two subsidiaries for $72 million.

Uday Kotak Latest News

Uday Kotak-led Kotak Mahindra Bank’s Q4 profit jumps 40% even as NII rise

Kotak Mahindra Bank on Thursday reported a 40.3% year-on-year (y-o-y) rise in its standalone net profit for the quarter ended March to `Rs 976.48 crore on the back of a 16.4% y-o-y growth in net interest income (NII) to Rs 2,161 crore.
Posted: April 27, 2017, 8:40 pm

Kotak Mahindra to buy out Old Mutual's stake in insurance JV

The fundraising is aimed at reducing founder Uday Kotak's stake in the bank and augmenting the lender's capital base to pursue mergers and acquisitions, acquire stressed banking assets, grow subsidiaries, and expand its digital banking and international ...
Posted: April 28, 2017, 6:37 am

UPDATE 1-India's Kotak Mahindra sees bad loans falling, credit picking up

Billionaire Uday Kotak, the biggest shareholder and the chief executive of the bank, predicted better days ahead for the lender which has seen its bad loans rising since its $2.4 billion acquisition of smaller rival ING Vysya in 2015 in India's biggest ...
Posted: April 27, 2017, 7:22 am
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