As the NPA levels of Indian banks are at multi-year low levels, billionaire banker Uday Kotak believes that most financial institutions now have a clean white shirt after a difficult decade 2009-19. While speaking at the Chasing Growth 2024 Investor Conference organised by Kotak Institutional Equities in Mumbai on Monday, Kotak told investors that the … Read more
Mumbai: Ashok Vaswani on Monday took over as the managing director (MD) and CEO of Kotak Mahindra Bank, succeeding Dipak Gupta, who served as interim MD and CEO after founder director Uday Kotak stepped down on September 2, 2023. Vaswani, 62, will have a term of three years. Vaswani, a seasoned banker with experience at … Read more
As Nifty is ending the record-breaking year 2023 with a handsome upside of 20%, billionaire banker Uday Kotak on Friday warned Dalal Street’s Covid batch of investors of the unpredictability of the stock market, giving the example of Japan. “Many investors have joined post Covid. They have mainly seen upside. While the situation is not … Read more
