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Uday Kotak

Kotak-linked NBFC donated not Rs 600 million but Rs 1.3 billion in electoral bonds

Kotak-linked NBFC donated not Rs 600 million but Rs 1.3 billion in electoral bonds

Fri, Apr 05, 2024

A Kotak family entity, Infina Capital Private Ltd. (Infina), purchased electoral bonds totalling Rs 1.3 billion – which is more than twice the amount disclosed by the State Bank of India (SBI) to the Election Commission of India (ECI) during FY2019 to FY2022, according to Hemindra Hazari.

Uday Kotak resigns as MD and CEO of Kotak Mahindra Bank; Dipak Gupta takes interim charge

Uday Kotak resigns as MD and CEO of Kotak Mahindra Bank; Dipak Gupta takes interim charge

Sat, Sep 02, 2023

In its exchange filing, the Kotak Mahindra Bank stated that Uday Kotak has ceased to be the Managing Director & CEO of the Bank, with effect from September 1, 2023 on account of his resignation considered at the Bank’s Board Meeting held on Saturday.

IL&FS resolves Rs 52,200 cr debt, to address Rs 4,800 cr more by March: Uday Kotak

IL&FS resolves Rs 52,200 cr debt, to address Rs 4,800 cr more by March: Uday Kotak

Tue, Nov 02, 2021

The resolution of Rs 52,200 crore represents 86 per cent of the overall estimated resolution value of Rs 61,000 crore and 53 per cent of the total debt.

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Government extends Uday Kotak's term as IL&FS chairman by 6 months

Government extends Uday Kotak's term as IL&FS chairman by 6 months

Wed, Sep 22, 2021

The government through a gazette notification extended the term of Uday Kotak as non-executive chairman of debt-ridden IL&FS group, who is also the managing director and chief executive officer of Kotak Mahindra Bank, till April 2, 2022.

Border issue with China has created a strong resolve to build domestic capacity: Uday Kotak

Border issue with China has created a strong resolve to build domestic capacity: Uday Kotak

Sat, Jun 27, 2020

In a wide ranging interview, Uday Kotak said the border issue with China has created a strong resolve to build more competitive domestic capacities.

Businesses with high fixed operating cost will face more challenges in the post-lockdown world: Uday Kotak

Businesses with high fixed operating cost will face more challenges in the post-lockdown world: Uday Kotak

Mon, Jun 08, 2020

Uday Kotak, President, Confederation of Indian Industry (CII), talks about what government should do to boost demand amid consumers, the new ways to do business and pressure on banks among others during an exclusive chat with Swati Khandelwal, Zee Business.

After coronavirus pandemic, there is a change in the nature of consumers, says Uday Kotak

After coronavirus pandemic, there is a change in the nature of consumers, says Uday Kotak

Mon, Jun 08, 2020

One of the leading private bankers in the country, Uday Kotak, Managing Director & CEO, Kotak Mahindra Bank Limited, on Monday spoke to Zee Business on a number of topics - how the industry will change after coronavirus, how firms will reduce input costs, importance of digital infra in the wake of COVID-19, and steps needed for employment security.

Big development at CII! New office bearers elected; Uday Kotak, TV Narendran and Sanjiv Bajaj - Profile details

Wed, Jun 03, 2020

In a major development, the Confederation of Indian Industry (CII) has announced its new office-bearers for the year 2020-21.

Uday Kotak sells 2.83 pct stake in Kotak Mahindra Bank for Rs 6,944 cr - Check who bought

Uday Kotak sells 2.83 pct stake in Kotak Mahindra Bank for Rs 6,944 cr - Check who bought

Wed, Jun 03, 2020

In a major development, Uday Kotak sold 2.83 per cent of the promoter group's holding in private sector lender Kotak Mahindra Bank for Rs 6,944 crore.

Uday Kotak to sell 2.8 pct Kotak Mahindra Bank stake - This is the whopping amount he will get

Uday Kotak to sell 2.8 pct Kotak Mahindra Bank stake - This is the whopping amount he will get

Mon, Jun 01, 2020

In a major development, it has been reported that billionaire banker Uday Kotak will sell 2.8 per cent stake in Kotak Mahindra Bank for at least Rs 6,800 crore.

Green signal! Kotak Mahindra Bank gets RBI nod for this big move

Green signal! Kotak Mahindra Bank gets RBI nod for this big move

Wed, Feb 19, 2020

In a major development, the Reserve Bank of India on Wednesday granted its final approval to Kotak Mahindra Bank for reducing promoters' stake in the bank to 26 per cent from 29.96 pct.

Uday Kotak gets one-year extension on IL&FS board

Uday Kotak gets one-year extension on IL&FS board

Wed, Oct 02, 2019

The Government on Tuesday allowed Kotak Mahindra Bank managing director Uday Kotak to continue as the head of bankrupt infra lender IL&FS for one more year.

Big Bang Reforms! Uday Kotak all-praise for Nirmala Sitharaman corporate tax cut move

Big Bang Reforms! Uday Kotak all-praise for Nirmala Sitharaman corporate tax cut move

Fri, Sep 20, 2019

Uday Kotak, Executive Vice-Chairman and Managing Director of Kotak Mahindra Bank, said that this was a "Big bang reform" measure that will allow companies to compete with countries like the US.

Big thumbs up for Kotak Mahindra Bank from investors; share price jumps 4% - what you should know

Big thumbs up for Kotak Mahindra Bank from investors; share price jumps 4% - what you should know

Tue, Jul 23, 2019

Kotak Mahindra Bank shares were boosted by its Q1. It posted a net profit of Rs 1,360 crore compared to Rs 1,025 crore recorded in the corresponding period of the previous year.

Kotak Mahindra Bank Q1 preview: Uday Kotak led lender's CASA, NIMs, earnings to remain strong; asset quality expected stable

Kotak Mahindra Bank Q1 preview: Uday Kotak led lender's CASA, NIMs, earnings to remain strong; asset quality expected stable

Mon, Jul 22, 2019

Investors in Kotak Mahindra Bank stock were trading on a cautious to selling note, as the lender is set to announce its June 2019 (Q1FY20) quarterly result.

Liquidity pressure on NBFCs: Uday Kotak doesn't see systemic risk for non-bank lenders

Liquidity pressure on NBFCs: Uday Kotak doesn't see systemic risk for non-bank lenders

Sat, Jun 22, 2019

On the issue of transmission, Kotak seemed to point out to the interest rates on small savings schemes like PF which are mostly set by the Government as among the impediments for banks.

Lok Sabha Elections results 2019: "I dream of us as a global superpower in my lifetime," Uday Kotak says

Lok Sabha Elections results 2019: "I dream of us as a global superpower in my lifetime," Uday Kotak says

Thu, May 23, 2019

Lok Sabha Election results 2019: Stock markets also expressed faith in the present dispensation's governance as well as policies.

Share Market: Kotak Mahindra Bank jumps by 2.50% on Dalal Street - Earns BUY rating from stock experts

Share Market: Kotak Mahindra Bank jumps by 2.50% on Dalal Street - Earns BUY rating from stock experts

Thu, May 02, 2019

The bank posted a 25% rise in net profit to Rs 1,408 crore in Q4FY19, as against Rs 1,124 crore in Q4FY18.

Kotak Mahindra Bank Q4FY19 Results: 25% jump in standalone net profit registered

Kotak Mahindra Bank Q4FY19 Results: 25% jump in standalone net profit registered

Tue, Apr 30, 2019

The net profit stood at Rs 1,408 crore as against Rs 1,124 crore in Q4FY18.

Focus should be on 7% GDP growth: Uday Kotak

Focus should be on 7% GDP growth: Uday Kotak

Sat, Apr 13, 2019

Uday Kotak, vice chairman and managing director, Kotak Mahindra Bank said that the policy rate should be reduced by the Reserve Bank of India (RBI). He added that the focus should be on achieving GDP growth at the rate of 7 percent. Watch this video to know more.

Google and Facebook have no business in banking: Uday Kotak

Google and Facebook have no business in banking: Uday Kotak

Thu, Feb 21, 2019

Kotak said banks work at a leverage of 10:1 wherein they lend out Rs 10 for every rupee of capital which they have. It is a high risk business, but perceived to be safe, Kotak said, stressing banks have "no choice" but to manage the risks well.

You just cannot afford to miss this Uday Kotak lesson on entrepreneurship

You just cannot afford to miss this Uday Kotak lesson on entrepreneurship

Wed, Feb 13, 2019

Banker Uday Kotak Tuesday exhorted entrepreneurs to be mindful of ethics, integrity and governance as they go about building companies.

Kotak Mahindra Bank vs RBI: Misses stake cut deadline! Will Uday Kotak blink?

Kotak Mahindra Bank vs RBI: Misses stake cut deadline! Will Uday Kotak blink?

Tue, Jan 01, 2019

There is not much impact seen on the KMB share price today as it is trading gradually lower by 0.50% at Rs 1,248.05 per piece at around 1034 hours.

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