Journey of Uday Kotak : Uday Suresh Kotak , born on 15 March 1959, is a distinguished Indian banker renowned for founding Kotak Mahindra Bank, where he serves as a non-executive director. Early Life and Family Background Uday Kotak was born on March 15, 1959, in Mumbai, into an upper-middle-class Gujarati Hindu Lohana family known for their involvement in cotton trading. Growing up, he experienced life in a large joint family, where 60 members shared a single roof. Kotak humorously referred to ... After stepping down, billionaire banker Uday Kotak took to X (formerly Twitter) to upload a hand-written letter to Prakash Apte, chairman of the bank and the board of directors, saying, “It is... Uday Kotak has resigned as MD and CEO of Kotak Mahindra Bank, with Dipak Gupta taking over until December 31 Uday Kotak has resigned as managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank, with effect from September 1, 2023. Kotak 's resignation comes four months ahead of schedule, and he has cited “personal family commitments” as the reason for the same.
