Uday Kotak Resigns, Net Worth, Age, Son

Uday Kotak who is also The richest banker of India resigned from his position from Kotak Mahindra bank. Uday Kotak resigned from his post of managing director and CEO of Kotak Mahindra bank on Saturday, 2 September 2023. He resigned from the company with immediate effect. In this post we are going to tell you about what is the reason behind the resignation of Uday Kotak, what is the Uday Kotak Net Worth. To know all about Uday Kotak Net Worth stay with us in this post at last.

Uday Kotak Net Worth

As per Kotak Mahindra bank, Uday Kotak will continue his function as a non-executive director of Kotak Mahindra bank. Uday Kotak is also the richest banker in India. Along with this he is also included in the top 10 richest persons of India. If we talk about the net worth then his net worth is 1.15 Lakh crore INR. His age is 64 and his date of birth is 15 March 1959.

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He resigned from his post of managing director and CEO of Kotak Mahindra bank on Saturday with immediate effect. He will continue his function as a non-executive Director of Kotak Mahindra bank. Until 31st December, Deepak Gupta who is also the managing director of Kotak Mahindra bank will now take over the responsibility.

Uday Kotak Net Worth Overview

Title Uday Kotak Net Worth
Year 2023
Category Net Worth
Resigned On 2 September 2023
Age 64
Net Worth 1.15 Lakh Crore

 

Uday Kotak News

The biggest news here is that Kotak Mahindra bank CEO Uday Kotak has now resigned from his company. Now his responsibility will be taken over by Deepak Gupta until 31 December 2023. However this is subject to approval of RBI and the members of the bank. According to the filing all the responsibilities and formalities are already done by him. Kotak was reportedly going to retire in the month of December this year but chose to step down four months prior to his retirement day.

 

Uday Kotak Net Worth
Uday Kotak Net Worth

 

Uday Kotak Resignation

Uday Kotak resignation is already prepared on Saturday. However his retirement will be in December 2023 at Kotak Mahindra bank. But due to his own decision he chose to step down four months prior to retirement. His resignation is approved by RBI and all the members of Kotak Mahindra bank. He spent almost 38 years on the position. In the current time Uday Kotak Uday Kotak Net Worth is included in the top 10 richest persons of India.

Uday Kotak Age

Uday Kotak Age is 64. Uday Kotak is India’s richest banker with a net worth of approximately 13 .7 billion Dollar. As per Bloomberg billionaire index of the report of 2 September 2023. According to the report, around 26% of his income comes from the mistake of Kotak Mahindra bank. He currently holds the position of the richest person in the world at 133. According to this list he is the 133rd richest person in the world as per Bloomberg.

Uday Kotak Son

Kotak Mahindra is a financial bank. In the beginning, a finance company named Kota capital management financial Ltd was started in 1985. However converted it into a bank in 2003. His son Jaya Kotak has been working as a vice president of Kotak811. Uday Kotak Son was born in a Gujarati family. Uday Kotak is also a Gujarati. However he was also born in a Gujarati family and Kotak was brought up in this family of 60 members in Mumbai.

Uday Kotak Resigns

Uday Kotak completed his graduation degree from Jamnalal Bajaj Institute of management studies. Lesser-known fact about him is that he was an amazing cricketer also. His journey started as a cricketer and he was a left hand spinner and right-handed batsman. According to reports , Uday Kotak was determined to pursue his career as a cricketer. But his destiny has decided something else for him and he started his own company. Now, Uday Kotak resigns from his own company.

Uday Kotak Net Worth In Rupees

Uday Kotak Net Worth In Rupees is 1.15 Lakh crore INR. His net worth is due to his own company and highest stake in his company. However his journey was changed from the accident in the cricket league. His cricket career has stopped yet at the Jamnalal Bajaj Institute of management. After completing his MBA he started a finance and billing discounting business with seed capital borrowed from family and friends.

Uday Kotak Net Worth In Dollars

Uday Kotak life’s major chunk of investment came from his best friend Anand Mahindra. After the next few years Kotak diversified his financial consultancy business into the various areas of financial services. Finally he started his own company and his rank in the top 10 richest men in India. Uday Kotak Net Worth in dollars is 13.7 billion dollars. Who is your new use not only inspiring for business men but also for the youth of India. So this is all about Uday Kotak Net Worth.

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FAQs related to Uday Kotak Net Worth

What is the Uday Kotak Net Worth?

The net worth is 1.15 Lakh Crore INR.

What is the age of Uday Kotak?

The age of Uday Kotak is 64.

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