Uday Kotak, Date of Birth
TweetUday Kotak
Executive Vice Chairman and Managing Director of Kotak Mahindra Bank
Date of Birth: 
About Uday Kotak
- Uday Kotak (born 15 March 1959) is an Indian billionaire banker, and the executive vice chairman and managing director of Kotak Mahindra Bank. In early 1980s, while India was still a closed economy and economic growth was muted, Kotak decided to start out on his own, refusing a lucrative job option from a multinational.
- Over the next few years, he diversified his business into various areas of financial services, establishing a prominent presence in bills discounting, stockbroking, investment banking, car finance, life insurance and mutual funds.
- On 22 March 2003, Kotak Mahindra Finance Ltd.
- became the first company in India’s corporate history to receive a banking license from Reserve Bank of India.Forbes estimated his wealth to be $14.8 billion in 2019.
- In 2006 he ended a 14 year partnership with Goldman Sachs by acquiring its 25% stake in two subsidiaries for $72 million.
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