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  1. Apr 8, 2022 · Uday almost doubled his wealth as shares of Kotak Mahindra Bank rose high after he closed a $2.4 billion deal in November 2014 in rivalry with ING Vysya Bank, which is partially owned by Dutch financial services group ING.

    • 63 (2022)
    • 15 March, 1959
    • Mumbai, India
    • University of Mumbai
  2. Oct 10, 2019 · Despite a cold war with RBI, Uday Kotak got richer year by year since March 2014. In the same year , Kotak Mahindra acquired ING Vysya Bank for $2.4 billion which doubled the wealth of the...

  3. Sep 2, 2023 · Retail loans such as home, auto and personal dominated the loan book of Kotak Mahindra Bank until the 2008 financial crisis when Kotak spotted an opportunity in adversity. When most lenders were risk averse, Kotak used that time to build his corporate loan book. In a few years, Kotak doubled his corporate loans. When Kotak turned the tables

  4. Apr 10, 2023 · In 2014, Kotak almost doubled his wealth as shares of his Kotak Mahindra Bank hit an all-time high after he sealed a $2.4 billion deal in November 2014 for rival ING Vysya Bank, partly owned by Dutch financial services group ING.

    • Emmy Wallin
  5. Mar 13, 2019 · The founder of Mumbai-based Kotak Mahindra Bank Ltd has seen his wealth nearly triple since March 2014, when the Reserve Bank of India said he failed to meet the first of its successive milestones to reduce his stake in the bank. His wealth now stands at $11.4 billion, according to the Bloomberg billionaires index.

  6. www.forbes.com › profile › uday-kotakUday Kotak - Forbes

    3 days ago · His Kotak Mahindra Bank is now among India's top four banks in the private sector, boosted by its 2014 acquisition of ING Bank's Indian operations. In September 2023, Kotak stepped down as...

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  8. The 60-year-old Uday Kotak is the richest banker in Asia with wealth of $11.8 billion, according to forbes. His net worth grew by 268% from $3 billion in 2010 to $ 11.8 billion in 2019,...