Uday Kotak
Uday Kotak
At a Glance
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Age56
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Earnings$ 6.5 Billion
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Source of earningsBanking
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Marital StatusMarried
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Children2
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ResidenceMumbai
Forbes India Lists
#12 India Rich List 2015
#15 India Rich List Rank 2014
#15 India Rich List Rank 2013
Profile
Billionaire banker gained on rising shares of Kotak Mahindra Bank after he sealed a $2.4 billion, all-stock deal last November for rival ING Vysya Bank, partly owned by Dutch financial services group ING. Kotak has entered the general insurance business and, in a separate venture, has teamed up with telecom magnate Sunil Mittal's Airtel M Commerce to start a payments bank to provide basic banking services.
