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Canada Goose Parka Jun 28, 2020 08:44 AM IST Private banks to catch up soon on credit guarantee scheme for MSMEs: Kotak Kotak said that for private sector banks conservatism arises as they need to safeguard the interest of the depositors, whose trust in the private sector is critical for their functioning.Jun 15, 2020 09:57 AM IST HDFC Bank boss Aditya Puri’s record as India’s longest serving bank CEO likely to be unbroken The nearest contender to break Puri’s record is Kotak Mahindra Bank’s promoter and CEO, Udaky Kotak, who has completed 17 years as bank chief. Kotak is the chief executive of the bank since 2004.Jun 14, 2020 04:24 PM IST Uday Kotak not averse to takeover of weak businesses during COVID 19 crisis The outbreak of COVID 19 and sudden fall in demand has hit industries across the world.Jun 08, 2020 02:05 PM IST Bad bank not a good idea unless key issues are addressed: Uday Kotak Citing an example of Stressed Assets Stabilization Fund (SASF), set up by erstwhile Industrial Development Bank of India (IDBI), Kotak said it did not work well.Jun 08, 2020 12:24 PM IST It’s time for India Inc to transform make investment for AtmaNirbhar Bharat: Uday Kotak Urging India Inc to take advantage of the opportunity thrown up by COVID 19 crisis, he said, those with lower leverage should not shy away from making fresh and bold investment in the new strategic sectors.Jun 04, 2020 04:00 PM IST Interest waiver on loans in moratorium: Uday Kotak says it is unfair to seek moratorium on loans but expect full interest on deposits Kotak concurred with the Reserve Bank of India, which said that borrowers who avail moratorium on their bank loans will have to pay the interest accrued during that period.Jun 04, 2020 02:37 PM IST Need to see FY2021 growth as month on month recovery, not a yearly average: Uday Kotak CII on June 4 laid out a 10 point road map to revive growth and navigate the challenges of loss of lives and livelihoods posed by the global pandemic Covid 19 that has forced countries across the world to reset their growth pathsJun 04, 2020 12:37 PM IST ‘Time to think outside the box, this is a unique year’: Newly appointed CII President Uday Kotak Uday Kotak said the CII is committed to the government’s Aatmanirbhar Bharat Abhiyan.Jun 03, 2020 03:59 PM IST Uday Kotak takes over from Vikram Kirloskar as the new CII President TV Narendran, CEO and Managing Director of Tata Steel Limited, is now the President designate of CII for 2020 21.Jun 02, 2020 09:47 PM IST US endowment fund Regents, Oppenheimer top buyers in Uday Kotak’s mega Rs 6,900 crore block deal The second highest buyer of shares was Oppenheimer Developing Markets Fund.Jun 02, 2020 08:42 PM IST Credit rating is matter of opinion: Uday Kotak on Moody’s downgrade Moody’s Investors Service on Monday downgraded the country’s rating by one notch to ‘Baa3′, the lowest in the investment grade, with a negative outlook on worries over growth and fiscal risks.Jun 02, 2020 08:38 PM IST 3 Point Analysis Uday Kotak sells 2.8% stake in Kotak Mahindra Bank, here’s all you need to know Moneycontrol’s Sakshi Batra does a 3 Point Analysis on the development.Jun 01, 2020 05:16 PM IST Exclusive Uday Kotak to launch Rs 6,000 crore mega deal to comply with RBI settlement pact The move will bring the curtains down on an extended standoff between the regulator and the bank over the reduction in promoter shareholding.May 28, 2020 03:59 PM IST ‘China is the world’s factory, India can be its office’: Uday Kotak However, his comments drew flak from quite a few people who did not take well his suggestion that India could serve as a provider of ‘cheap labour’.Apr 09, 2020 08:10 PM IST Kotak Bank’s top leadership takes pay cut, Uday Kotak to take Re 1 as salary To support government’s relief work, on 30th March, Kotak Mahindra Bank contributed Rs 25 crore to the PM Cares Fund and Rs 10 crore to the relief efforts in Maharashtra. Uday Kotak has also made a personal contribution of Rs 25 crore to the PM Cares fund.Mar 09, 2020 03:21 PM IST Exclusive Kotak Mahindra Bank joins race for Lakshmi Vilas Bank Sources say the bank recently submitted a proposal for Lakshmi Vilas Bank to the RBI Canada Goose Parka.