Kotak: A journey to meteoric heights cut short by regulator
![Kotak: A journey to meteoric heights cut short by regulator](https://www.24x7liveindia.com/public//uploads/images/2023/02/64f3dd629b474.jpeg)
Mumbai, Sep 1 (PTI) Growing up in the Mumbai of 1970s, Uday Kotak aspired to be a cricketer and trained under legendary coach Ramakant Aachrekar. However, it was an on-field injury which resulted in a shift to finance.
He started off with bill discounting, turned to lending and successfully applied to starting a universal bank in the first decade of the millennium, as India was warming up to private play in banking.
In a four-decade journey in the financial services space, Uday Kotak can boast of many firsts and some deft business moves, which illustrate the convictions with which he operated