Friday, 28 January, 2022
TopicUday Kotak

Topic: Uday Kotak

Indian bankers risk losing business to Google, PhonePe, says Uday Kotak

Banks will need to scale up technology, hire more and focus on customer and not sales-centric approach to match competition from the 'deep-pocketed tech firms', the Kotak founder said.

Indian companies are going out of their way to help employees ‘heal’ in Covid crisis

Several Indian companies' management had initially opposed lockdowns, which would hurt output and profits. However, the destruction's scale and vaccine shortage forced a shift.

Banker Uday Kotak urges Modi govt to consider lockdown to tackle India’s Covid crisis

The statement by Kotak on behalf of Confederation of Indian Industry is a shift for the body whose members had in April indicated they were against lockdowns.

Kotak Mahindra shares fall after RBI caps founder-CEO Uday Kotak’s tenure

Kotak Mahindra Bank’s shares fell 1.5% in Mumbai at 1:29 pm in comparison to a 0.6% rise in a gauge of banking stocks.

How Uday Kotak became world’s richest banker with $16 billion wealth after brush with death

A cricket ball that hit Uday Kotak in the head & led to an emergency surgery pushed him to abandon dream of becoming a professional player and get into finance.

Reduce stake in PSU banks to 50%, provide job incentives to firms — CII’s wishlist for Budget

The industry body headed by Uday Kotak has made the suggestions to Finance Minister Nirmala Sitharaman as part of pre-Budget consultations

How Kotak Mahindra Bank, IndusInd merger stacks up in numbers

The combination would boost its assets to Rs 7 lakh crore and cement Kotak’s position as India’s fourth-largest private bank, closing the gap with Axis Bank Ltd.

Best time to invest in India is now, banker Uday Kotak says as he lists 5 ‘right sectors’

Banking sector ripe for significant structural change, market share of India's private sector banks will rise to about 50% over next decade, says Asia's richest banker Uday Kotak.

Don’t extend loan moratorium, allow one-time restructuring — HDFC chief Deepak Parekh to RBI

CII chairman Uday Kotak also pitches for one-time loan restructuring — as was done in the aftermath of the global financial crisis of 2008.

Off The Cuff with Uday Kotak

Uday Kotak, MD and CEO of Kotak Mahindra Bank and President, Confederation of Indian Industry was the guest at ThePrint's Off the Cuff. In...

On Camera

YourTurn

File photo of Pakistan's PM Imran Khan with its Army Chief General Qamar Bajwa | @peaceforchange | Twitter

Pakistan’s National Security Policy offers no change on Kashmir: Shah Faesal

The policy is significant because it offers us a keyhole view of the Pakistani mind at a time when India is fortifying its presence in the Indo-Pacific.
An Assicurazioni Generali SpA logo sits above an entrance to their offices in Rome | Bloomberg

Italian Generali buys 25% stake worth Rs 1,250 cr in insurance JV from embattled Future Group

The stake sale, which will give Generali majority control over the JV, comes as the Future Group is locked in a prolonged legal battle with partner Amazon.

Defence

The Indian Army's Akash missiles on display during the 73rd Republic Day Parade, at Rajpath, in New Delhi | ANI

Not just 1st R-Day, 26 Jan 1950 also significant as Indian Army, Navy shed ‘Royal’ prefix

Both the ‘Royal’ prefix for the Navy and Air Force in India, as well as the absence of such a label for the Army, have their roots in British military and political history.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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