Age, Biography and Wiki
Uday Kotak was born on 15 March, 1959 in Indian, is a Founder, MD & CEO of Kotak Mahindra Bank,Chairman of IL&FS. Discover Uday Kotak's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 65 years old?
| Popular As |
N/A |
| Occupation |
Founder, MD & CEO of Kotak Mahindra Bank,Chairman of IL&FS |
| Age |
65 years old |
| Zodiac Sign |
Pisces |
| Born |
15 March, 1959 |
| Birthday |
15 March |
| Birthplace |
N/A |
| Nationality |
India |
We recommend you to check the complete list of Famous People born on 15 March.
He is a member of famous Founder with the age 65 years old group. He one of the Richest Founder who was born in India.
Uday Kotak Height, Weight & Measurements
At 65 years old, Uday Kotak height not available right now. We will update Uday Kotak's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Uday Kotak's Wife?
His wife is Pallavi Kotak
| Family |
| Parents |
Not Available |
| Wife |
Pallavi Kotak |
| Sibling |
Not Available |
| Children |
2 |
Uday Kotak Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Uday Kotak worth at the age of 65 years old? Uday Kotak’s income source is mostly from being a successful Founder. He is from India. We have estimated
Uday Kotak's net worth
, money, salary, income, and assets.
| Net worth |
US$14.8 billion (May 2020) |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Founder |
Uday Kotak Social Network
Timeline
Forbes estimated his wealth to be $14.8 billion in 2019. In 2006 he ended a 14 year partnership with Goldman Sachs by acquiring its 25% stake in two subsidiaries for $72 million.
In August 2019 he was reported to be one of the most highly paid CEOs of any Indian bank with a monthly salary of ₹ 27 lakh (US$38,000).
In 2015, Kotak enters the general insurance business and is partnering telecom magnate Sunil Mittal's Bharti Airtel to start a small payments bank.
His two pastimes had been cricket and playing the sitar. In a 2014 interview with NDTV he admitted that he was no longer pursuing his playing of the sitar.
After completing his MBA, Kotak started Kotak Capital Management Finance Ltd (which later became Kotak Mahindra Finance Ltd). From a seed capital of less than US$80,000 borrowed from family and friends, he converted a bill-discounting start-up into a financial services conglomerate with assets of US$19 billion (as of March 2014), and the second largest schedule commercial bank by market capitalization in India (private and PSU) with over 1250 branches.
During 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.
In early 1980s, while India was still a closed economy and economic growth was muted, Kotak decided to start out on his own, refusing a lucrative job option from a multinational. Over the next few years, he diversified his business into various areas of financial services, establishing a prominent presence in bills discounting, stockbroking, investment banking, car finance, life insurance and mutual funds. On 22 March 2003, Kotak Mahindra Finance Ltd. became the first company in India’s corporate history to receive a banking license from Reserve Bank of India.
His talent in mathematics influenced his choice of career. He earned a bachelor's degree from Sydenham College and completed a postgraduate degree in management studies in 1982 from Jamnalal Bajaj Institute of Management Studies.
Uday Kotak (born 15 March 1959) is an Indian billionaire banker, and the executive vice chairman and managing director of Kotak Mahindra Bank.
