Page 2 - Uday Kotak

RBI gives Uday Kotak another three years as MD of Kotak Mahindra Bank

The regulator has also cleared re-appointments of Prakash Apte as part-time chairman, and Dipak Gupta as joint managing director

Firms finding it hard to balance ESG with profits, says Eugene Fama

Fama, known for his empirical work on portfolio theory, asset pricing, and the efficient-market hypothesis, was speaking to Uday Kotak, managing director and CEO of Kotak Mahindra Bank

Kotak Mahindra Bank explores acquisition of IndusInd Bank

Kotak says no comments to offer; IndusInd CEO says promoters have denied the deal

Industry expects fast recovery, says CII president Uday Kotak

Industry now sees sectors witnessing better pick-up and capacity utilisation than what was projected in March.

Govt extends term of Uday Kotak as non-exec IL&FS chairman by another year

The government through a gazatte notification extended term of Kotak, who is managing director and chief executive officer of Kotak Mahindra Bank, till October 2, 2021

IL&FS board faces challenges as resolution takes a Covid-19 knock

With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges

In compliance with promoter stake reduction requirement: Kotak Bank

The bank was required to bring down the promoter's shareholding to 26 per cent

IL&FS expects to address over Rs 50,000 cr of its debt by March 2021

The group has shared its estimates of debt to be addressed over the next three quarters

Financial stability needed even if fiscal deficit rises: CII chief Kotak

The CII president is not in favour of waiver of interest by banks during the moratorium period

Not averse to takeover of weak biz during Covid-19 crisis: Uday Kotak

'Why should an investor be barred from selling his investments, which are currently hammered on account of the pandemic?,' said Kotak

Monetising fiscal deficit via secondary OMOs right way: Uday Kotak

If we keep subsidising or protecting businesses that are not able to compete, we have an issue. I would expect the market to be able to sort things out, says Uday Kotak

Uday Kotak to offload 2.8% in Kotak Bank

Kotak is expected to sell 56 million shares in a block deal via secondary placement in a price range of Rs 1,215-1,240

Kotak Bank leadership team takes 15% pay cut for the financial year 2020-21

Uday Kotak, managing director and chief executive officer of the bank opted to forgo his salary, and will receive Re 1, the statement said

Kotak Mahindra Bank promoters get RBI nod to cap voting rights, pare stake

Promoters' voting rights would stand curtailed to 20% until March, and reduce further to 15% from April

Kotak: Risk capital key to high growth

Kotak said India lacks risk capital, and access to such capital will not come easily unless lenders, savers and investors trust firms

IL&FS is a test case for group resolution, says Uday Kotak

The new board of Infrastructure Leasing and Financial Services (IL&FS) expects to recover close to 50 per cent of the firm's overall debt, which stands at above Rs 94,000 crore

Former IL&FS directors got lucrative paychecks even as firm collapsed

Arun K Saha, erstwhile joint MD & chief executive officer (CEO), took home a hefty remuneration of Rs 6.88 crore for FY19. He was also a whole-time director of the subsidiaries and group companies.

Forbes India rich list 2019: Mukesh Ambani retains top spot, Adani second

Overall, the total wealth of the tycoons on the 2019 Forbes India Rich List shrank 8 per cent to $452 bn from a year ago

Anand Mahindra, Uday Kotak lash out at proliferation of regulations

They said in the current environment, they are forced to follow the rules in letter and not in spirit

Private banks' market share to touch 50% in 5 years: Uday Kotak

Aadhaar-based KYC will be the future of banking, says Nilekani