- Uday Kotak started Kotak Capital Management Finance in 1985
- A self-made billionaire, he is ranked among the richest in Forbes list
- The eminent banker carries a passion for cricket
In March 2003, Kotak Mahindra Finance became the first NBFC or non-banking financial company in India's corporate history to be converted into a bank.
In life as in cricket complacency or overconfidence is lethal. As Indian markets go up same is true. It is said"only paranoid survive"!— Uday Kotak (@udaykotak) June 20, 2017
A self-made billionaire, Mr Kotak is ranked among the richest in Forbes list. Had he not been a successful entrepreneur, the eminent banker told Financial Times in a 2014 interview, he would have "loved to have been a cricketer".
He had earlier recounted his passion for the game in a Facebook post. "Cricket for me always has been a passion. As a youth I used to be a great believer in cricket, used to play cricket. And then I was hit by a cricket ball at the age of 20 after which I could not play cricket."
Kotak Mahindra Bank is one the top private lenders with a loan book of Rs 1.67 lakh crore. Today, Kotak Mahindra Group, a first generation enterprise with a net worth of Rs. 33,361 crore, has a global presence and employs over 46,500 people. The group has the distinction of providing a 40 per cent compound annual growth rate to its shareholders over a 30-year period.
Uday Kotak holds a Bachelor's degree in Commerce and an MBA from Jamnalal Bajaj Institute of Management Studies, Mumbai.