Kotak: A journey to meteoric heights cut short by regulator

Kotak: A journey to meteoric heights cut short by regulator

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