Uday Kotak as Kotak Mahindra Bank MD
The Kotak Mahindra Bank has decided to re-appoint Uday Kotak as its Managing Director. the RBI has given its approval. Uday Kotak will serve as MD for a period of three years.
- Uday Kotak is founder and promoter of the bank.
- RBI accepts other appointments such as part-time chairman Prakash Apte and Dipak Gupta as Joint MD.
- they will also serve for a period of three years.