Banking needs a mindset of continuity, perpetuity: Uday Kotak
An increased focus on short-term performance and the shape of their balance sheets at the end of the fiscal year is beginning ...
Uday Kotak flags critical banking risk: 'Borrow at 9% and lend at 8.5!'
Kotak outlined the critical challenge banks currently face: "Leading banks are taking 1 year wholesale deposits at ~8%.
Mint4d
Billionaire Uday Kotak’s Private Bank Adds Thousands of Clients
(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered ...
Indiatimes2d
'Banks borrow at 9%, lend at 8.5%'... Kotak flags risk in lending biz model
Mumbai: Ahead of a likely rate cut by RBI, even as liquidity remains scarce, veteran banker Uday Kotak has raised concerns over the banking business model, highlighting the narrowing spread ...
Business Line3d
Banking business model under challenge if deposit tightness persists: Uday Kotak
Kotak Mahindra Bank’s founder Uday Kotak said today. “Leading banks are taking 1 year wholesale deposits at ~8 per cent. Translates to loaded marginal deposit cost of 9 per cent+ after CRR (0 ...
Business Insider India5y
Uday Kotak, Asia's richest banker, multiplied his wealth four times in a decade
Uday kotak kickstarted a financial consultancy to provide cheap loans to companies at the age of 23. The 60-year-old Uday Kotak is the richest banker in Asia with wealth of $11.8 billion ...
Business Line4d
Kotak Private Banking aims to add thousands of clients amid rising competition
The billionaire Uday Kotak-backed division added 2,280 new families to its client base in private banking in the year ending March 2024, more than three times the 711 new families it added a year ...