Uday Kotak

Uday Kotak
Uday Kotak
At a Glance
  • Age
    54
  • Earnings
    $4100 Million
  • Source of earnings
    Banking
  • Marital Status
    Married
  • Children
    2
  • Residence
    Mumbai

Forbes India Lists

#15 India Rich List 2013


Profile

India's richest banker, who founded and controls Kotak Mahindra Bank, Uday Kotak will face more competition next year when the government issues new banking licenses, allowing a handful of new upstarts. In April, the investment arm of Singapore's government bought a 2.6% stake in his bank for $210 million. He kicked off his bank's lecture series by getting former U.S. President Bill Clinton to deliver the inaugural address in Mumbai. Kotak ascribes the rupee's recent fall to the country's declining competitiveness.


India Rich List 2013


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