Uday kotak: Is an Indian billionaire banker and

Uday Kotak is an Indian billionaire banker and founder of Kotak Mahindra Bank, where he is a non-executive director. He started his own financial services company in the 1980s and became the first to receive a banking license from RBI in 2003. Uday Kotak is an Indian philanthropist, banker, and businessman who is the owner of the banking and financial services company Kotak Mahindra Bank. In 2023, he was ranked as the third-richest banker in the world and the richest banker in India. Uday Kotak today announced his departure from Kotak Mahindra Bank as the managing director (MD) and the chief executive officer (CEO) effective September 1, 2023. Discover how Uday Kotak turned a ₹30 lakh loan into Kotak Mahindra Bank, now valued at ₹3.79 lakh crore. Read his inspiring journey from a joint family to billionaire status.