Uday Kotak resigns as CEO of Kotak Mahindra Bank

Daily Current Affairs / Uday Kotak resigns as CEO of Kotak Mahindra Bank

Change Language English Hindi

Category : Appointment/Resignation Published on: September 05 2023

Share on facebook

Uday Kotak resigned as Managing Director and CEO of Kotak Mahindra Bank with effect from September 1, 2023.
Deepak Gupta, Joint Managing Director of the bank, will temporarily assume the role of Managing Director and CEO.
The change is subject to approval from the Reserve Bank of India (RBI) and the bank's members.
Uday Kotak has been leading Kotak Mahindra Bank since its inception in 1985 and guiding it to become a leading commercial lender.
His departure marks the end of an era in Indian banking, and he will remain as non-executive director till December 31, 2023.

Gurugram Emerges as India’s Most Polluted City in March 2026 with Highest PM2.5 Levels.
Read More....
Maharashtra Launches ‘Majha Gaon, Arogyasampann Gaon’ Rural Healthcare Campaign on World Health Day.
Read More....
Russia and China Veto UN Resolution on Safe Navigation in Strait of Hormuz.
Read More....
Odisha’s Payal Nag Becomes First Quadruple Amputee to Win International Archery Gold.
Read More....
INS Trikand Arrives at Mombasa, Kenya to Strengthen India-Kenya Bilateral Ties.
Read More....
Bank of Baroda Launches AI-Powered Multilingual Platform ‘bob SAMVAD’.
Read More....
Shri Tejveer Singh Takes Charge as Secretary, Department of Chemicals and Petrochemicals.
Read More....
Prototype Fast Breeder Reactor at Kalpakkam Achieves First Criticality.
Read More....
Veteran Congress Leader Mohsina Kidwai Passes Away at 94 in Noida.
Read More....
India Celebrates 11 Years of Pradhan Mantri Mudra Yojana (PMMY).
Read More....

Uday Kotak resigns as CEO of Kotak Mahindra Bank