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Uday Kotak’s family breaks own realty record, buys Worli flat at 2.75L per sqft

The Kotaks have bought 10 apartments of varying sizes in the building recently for just over ₹224.32 crore

The Kotaks now own 22 of the 24 apartments in the ground-plus-two-storey 19 Shiv Sagar building. (Bhushan Koyande/HT Photo)
Published on May 06, 2025 04:37 AM IST

Uday Kotak and family buy entire bldg of 22 flats in Mumbai for over 400 crore

Uday Kotak and family have acquired an additional 10 sea-view apartments in Mumbai's Worli for a maximum price of ₹2.89 lakh per sq ft

Mumbai real estate: Uday Kotak, founder of Kotak Mahindra Bank, and his family have bought the entire building of 22 flats in Mumbai’s Worli for over <span class='webrupee'>₹</span>400 crore.(PTI)
Updated on May 05, 2025 10:24 PM IST

Billionaire banker praises Indian housewives for investing in gold

Uday Kotak praised Indian housewives as the smartest fund managers for their gold investments.

Uday Kotak praised Indian housewives as top fund managers for trusting gold.(MINT_PRINT)
Published on Apr 22, 2025 10:07 AM IST

Kotaks buy 12 flats at Worli Seaface, set new benchmark

Uday Kotak and family buy 12 flats at Worli Seaface for ₹201.89 crore, setting a new Mumbai real estate record of ₹2.72 lakh per sq ft.

Kotaks buy 12 flats at Worli Seaface, set new benchmark
Published on Feb 07, 2025 08:50 AM IST

Uday Kotak's priority areas for Indian economy in 2025: ‘Go for growth...'

Uday Kotak, founder and director of Kotak Mahindra Bank, listed ten priority areas for the overall growth of the Indian economy in a post on social media

Founder of Kotak Mahindra Bank, Uday Kotak. took to social media platform X to talk about the growth of the Indian economy(PTI)
Published on Dec 29, 2024 10:15 PM IST
ANI |

Uday Kotak praises Nirmala Sitharaman's Budget: ‘Well thought out, smartly…’

Budget 2024: Uday Kotak praises Nirmala Sitharaman's Budget 2024 for fiscal discipline and support to MSMEs

Budget 2024: Founder and former MD & CEO, Kotak Mahindra Bank, Uday Kotak. is seen. (PTI)
Updated on Jul 24, 2024 11:03 AM IST

Hindenburg shared Adani report with client two months before publishing it: Sebi

Hindenburg Research shared the Adani report with New York-based hedge fund manager Mark Kingdon two months before publishing it, according to Sebi

Founder and former MD & CEO, Kotak Mahindra Bank, Uday Kotak. Hindenburg alleged that Sebi conspicuously failed to name Kotak Bank in the show cause notice. (PTI)
Published on Jul 07, 2024 05:35 PM IST
PTI |

Uday Kotak loses $1.3 billion after RBI's Kotak Mahindra Bank order

The Reserve Bank of India cited governance and risk issues about Kotak Mahindra Bank's technology systems as reasons behind its ban.

Uday Kotak bore the brunt after the crash in shares- the highest in almost four years. (HT)
Updated on Apr 26, 2024 10:06 AM IST

Uday Kotak's warning on higher US inflation: 'Get ready for global turbulence'

Uday Kotak said higher US inflation and Brent crude oil at $90 will keep the interest rates higher globally.

Uday Kotak, Kotak Mahindra Bank founder, talked about US inflation data's impact on global level.
Updated on Apr 11, 2024 12:30 PM IST

‘Kotak was a start-up in 1985’: Uday Kotak reflects on ‘middle-class’ beginning

Uday Kotak said that he sees the company as his family, adding, “It is like a joint family.

Uday Kotak, Founder, MD and CEO of Kotak Mahindra Bank Ltd, said that most employees at the bank in the beginning had middle class background and it was the value system that kept them together.(HT Photo)
Updated on Mar 22, 2024 12:24 PM IST

Uday Kotak's reaction on New York property price being half of Mumbai's BKC

Uday Kotak responded to the post on X which read, “New York commercial office building going at Rs~ 16000 per Sq Ft”.

Uday Kotak responded to the post on X which claimed that New York commercial office building was sold at Rs16000 per square feet. (Reuters)
Updated on Mar 18, 2024 01:43 PM IST

Uday Kotak says not near bubble territory after SEBI chief flags froth

Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch raised concerns over frothiness in small cap and mid cap stocks.

Uday Kotak, Founder, MD and CEO of Kotak Mahindra Bank Ltd, talked about Sebi chief's remarks on froth in the market.(HT Photo)
Updated on Mar 13, 2024 02:11 PM IST

Uday Kotak on conservative, cautious regulators: ‘Too much guardrails could…’

Uday Kotak said that for fast growth of the GDP India “requires a sense of dreaming."

Uday Kotak, Founder, MD and CEO of Kotak Mahindra Bank Ltd.(HT Photo)
Updated on Mar 06, 2024 11:48 PM IST

Amid Paytm banks crackdown, Uday Kotak says ‘RBI knows better than you and I’

As the central bank continues to crack down against Paytm Payments Bank, banking expert Uday Kotak stayed firm behind RBI's actions.

Uday Kotak, Founder, MD and CEO of Kotak Mahindra Bank Ltd(HT Photo)
Published on Feb 22, 2024 01:22 PM IST
ByVaishnawi Sinha

Uday Kotak gives 'financial guide' on making India a $30 trillion economy

Banker and finance specialist Uday Kotak mapped out a financial model through which India can become the world's largest economy by 2047.

Uday Kotak, Founder, MD and CEO of Kotak Mahindra Bank, talked about making India a $30 trillion economy. (HT Photo)(HT Photo)
Published on Dec 29, 2023 11:13 AM IST
ByVaishnawi Sinha

'Jamie Dimon of India': Paytm's Vijay Shekhar Sharma on Uday Kotak

Equating Kotak with the JP Morgan Chase CEO, the Paytm boss described the Kotak Mahindra Bank founder as a ‘True legend of Indian Banking.’

Uday Kotak, ex-MD and CEO of Kotak Mahindra Bank Limited. (PTI/File Photo)
Published on Dec 24, 2023 07:07 PM IST

Jay Kotak marries former Miss India Aditi Arya. See pic

Jay Kotak took to X to share an adorable with Aditi Arya from the wedding ceremonies.

Jay Kotak and Aditi Arya on their wedding day. (X/@jay_kotakone)
Published on Nov 10, 2023 11:06 AM IST
ByVrinda Jain

Who is Aditi Arya, daughter-in-law of tycoon Uday Kotak, Jay Kotak's wife?

Jay Kotak is the co-head of Kotak 811 and Aditi Arya is a former Miss India and Bollywood actress.

Jay Kotak with Aditi Arya(Reddit)
Published on Nov 09, 2023 03:52 PM IST

Uday Kotak resigns: From aspiring cricketer to richest banker – the journey

Uday Kotak announced his resignation from the role of managing director and CEO of Kotak Mahindra Bank on Saturday.

Uday Kotak, outgoing MD and CEO of Kotak Mahindra Bank Limited.(PTI)
Published on Sep 03, 2023 02:00 PM IST

Uday Kotak steps down as MD & CEO of Kotak Mahindra Bank

As an interim arrangement, the Group will be headed by Dipak Gupta, who led the bank as the joint managing director since 2012.

Uday Kotak(Bloomberg)
Published on Sep 02, 2023 03:30 PM IST

Billionaire Uday Kotak's son is engaged to fiance Aditi Arya: Who is she?

Aditi Arya, who hails from Gurugram, was crowned Femina Miss India at the 52nd edition of the beauty pageant in 2015.

Aditi Arya, fiance of Jay Kotak, who co-head of Kotak 811, digital savings account, incubated by Kotak Mahindra Bank.(Twitter/Jay Kotak)
Published on May 26, 2023 03:30 PM IST

Kotak Mahindra Bank CEO to take this role after his term ends

The RBIcapped the terms of MD and CEO at private banks at 15 years from October 1, 2021 onwards, but allowed serving bank heads to complete their current terms.

Uday Kotak, Founder, MD and CEO of Kotak Mahindra Bank Ltd,(HT Photo)
Published on Apr 22, 2023 05:48 PM IST

Kotak Mahindra Bank withdraws Tanmay Bhat advt after decade-old tweets stir row

The three-ad campaign on Kotak's digital bank with the tagline #SamayKoSahiKaamPeLagao featured content creators Tanmay Bhat and Samay Raina.

Tanmay Bhat. (File)
Published on Feb 13, 2023 10:33 PM IST

Kotak Mahindra Bank Q3 profit jumps 31% to 2,792 crore

Kotak Mahindra bank's total income increased to ₹11,099 crore in the latest December quarter from ₹8,260 crore in the year-ago period, the bank said in a regulatory filing.

File photo of Kotak Mahindra Bank branch in Mumbai.(Aniruddha Chowdhury/Mint)
Published on Jan 21, 2023 02:34 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Kotak Investment Advisors raises $500 million for $1 billion real estate fund

Kotak Investment Advisors Ltd (KIAL) said it has so far raised, managed or advised over $3.3 billion under its real estate fund series.

Kotak Investment Advisors Ltd., backed by Asia’s richest banker Uday Kotak, is raising about $1 billion for a new fund dedicated to investing in India’s residential real estate. (Image for representation)
Updated on Nov 15, 2022 02:02 PM IST
Reuters | | Posted by Nisha Anand

Uday Kotak's son not in race to lead Kotak Mahindra Bank, says lender

“Jay is still young. He will have to work his way up on merit,” KVS Manian, the firm’s whole-time director said.

Uday Kotak, billionaire and chairman of Kotak Mahindra Bank Ltd., will transition from his chief executive position by the end of next year.(Simon Dawson/Bloomberg)
Published on Nov 15, 2022 01:31 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar

Interview: Uday Kotak says Indian economy needs fiscal support to grow

The opening-up of the economy will depend on the progress of vaccination, peak capacity of supplies, and the ability to make Indians understand that precaution is essential, the outgoing president of the Confederation of Indian Industry (CII), Uday Kotak, said in an interview with Mint.

All that the bank needs to do it is ensure it has enough capital and set aside provisioning charge for restructuring or moratorium, the CII President told Mint. (MINT_PRINT)
Updated on May 27, 2021 05:01 AM IST
ByGopika Gopakumar, Shayan Ghosh, Mumbai

RBI balance sheet expansion needed to fight virus: Uday Kotak

Uday Kotak believes that the nation must be ready to curtail non-essential economic activity, perhaps restricting it to essentials such as movement of oxygen, production and distribution of drugs, and activities to create more hospitals.

“Ultimately, the loss of livelihood also leads to loss of lives,” said Uday Kotak(MINT_PRINT)
Published on May 04, 2021 01:17 AM IST
ByShayan Ghosh, Mumbai

India needs multiple bad banks to clean balance sheets of lenders, get credit growth back: CII

“As the economy recovers, credit demand from industry will expand. Banks need to gear up to meet this demand. Market mechanism based multiple bad banks can help clean up banks’ balance sheets, encouraging them to lend,” CII stated.

“In the aftermath of Covid, it is important to find a resolution mechanism through a market determined price discovery” CII President Uday Kotak said.(Bloomberg)
Published on Dec 20, 2020 05:38 PM IST
New Delhi | ByPress Trust of India | Posted by Ayshee Bhaduri

How Uday Kotak, world’s richest banker, made $16 billion after a brush with death

Kotak, now 61, has a fortune estimated at $16 billion, according to the Bloomberg Billionaires Index.

Uday Kotak, chairman of Kotak Mahindra Bank Ltd(File photo)
Updated on Dec 18, 2020 12:18 PM IST
ByBloomberg| Posted by Mallika Soni
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