The Kotak Edge

The Founder

Uday Kotak
Managing Director and CEO
Kotak Mahindra Bank Limited

Uday Kotak is the Founder and CEO of Kotak Mahindra Bank (Kotak). The Bank has consolidated net worth of around USD 7 billion and around 50,000 employees. For Uday, who believes that the true measure of performance is value creation, the scorecard is telling: investors who kept faith with the enterprise over the past 32 years have seen 40% CAGR on their investments over this period.

When Uday dipped a finger in the banking and financial sector in 1985, he knew he had found his calling. For the 26-year old, the small bill discounting business he had started held the promise of a universal banking company. In March 2003, the company that Uday built, Kotak Mahindra Finance became the first NBFC in India to get a banking license.

Today, Kotak is among India’s efficient, high-performing and trusted banks. Uday’s strategy for growth is defined by quality, simplicity and prudence. This conviction and a respectable distance from market exuberance has ensured that the bank is well capitalized and its asset book is of high quality.

The group’s vision for equitable prosperity extends beyond banking and financial services. The Kotak Education Foundation works with some of India’s most economically depressed communities, attempting to alleviate poverty in a sustainable way through education and livelihood programmes.

Uday holds a Bachelor’s degree in Commerce and an MBA from Jamnalal Bajaj Institute of Management Studies, Mumbai.

  • Member of the International Advisory Panel of Monetary Authority of Singapore
  • Member of the International Advisory Board of the Government of Singapore Investment Corporation (GIC)
  • Co-Chairman of Indo-UK Financial Services Partnership (IUKFP) constituted under guidance of Ministry of Finance (MoF), Government of India (GoI) and UK Treasury
  • Served as Chairman of Securities and Exchange Board of India (SEBI) constituted Corporate Governance Committee
  • Chairman of Advisory Committee on Corporate Insolvency and Liquidation constituted by the Insolvency & Bankruptcy Board of India
  • Member of the Board of Governors of Indian Council for Research on International Economic Relations (ICRIER)
  • ‘USIBC Global Leadership Award’ at the 2018 India Ideas Summit organised by the U.S.-India Business Council
  • ‘Lifetime Achievement Award ’ at Financial Express’ Best Banks’ Awards 2016
  • ‘Businessman of the Year 2016’ by Business India
  • Sole Indian Financier to feature in Money Masters: The Most Powerful People in The Financial World, by Forbes magazine, USA (May 2016)
  • ‘ET Business Leader of the Year’ at ET Awards 2015 for Corporate Excellence
  • ‘Entrepreneur of the Year’ at Forbes India Leadership Awards 2015
  • ‘Entrepreneur of the Decade’ by Bombay Management Association (BMA) in 2015
  • ‘Ernst & Young World Entrepreneur of the Year 2014 Award’

Converging Entrepreneurial Dynamism with Institutional Stability

We are part of the Kotak Mahindra Group, one of India's leading and most respected diversified financial services institutions. With close to three decades of working with local businesses and being a part of the Indian growth story, the Kotak Mahindra Group understands India's business, regulatory and consumer landscape better than most.

Kotak Private Equity leverages the Group's research capabilities and relationships with Indian business houses to identify and invest in select companies.

Marrying Research with Relationships
Collaborating with its parent, Kotak Private Equity has developed a fine blend of combining the insights of macro research and the rigour of due diligence to build trusted relationships with Indian entrepreneurs and businesses. The Group's research capabilities and relationships help us spot macro trends and identify potential investee companies relevant to the Fund's investment strategy.