"High inflation and the fear that inflationary expectations will get entrenched required policy action, said banker Uday Kotak on the sidelines of Kotak Mahindra Bank's quarterly earnings announcement. "
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"After severe liquidity issues and serious governance concerns were brought to light at IL&FS in October 2018, the government had appointed a board led by Uday Kotak to resolve the stress at the infrastructure lender."
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"Billionaire banker Uday Kotak advised startups to get a "thorough health check-up done" before going public to prevent premature launches as India's easy-money driven IPO boom will soon run into reality of rising rates."
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"Kumar reached out to Kotak Mahindra Bank Ltd.'s Uday Kotak and explained that no other public sector bank would be able to provide additional capital to Yes Bank. "
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"Billionaire banker Uday Kotak has shed caution necessitated by the pandemic and is now willing to chase growth with more conviction."
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"Banker Uday Kotak has called on the government and the Reserve Bank of India to expand their balance sheet, that is print money, to help support the economy amid the continuing Covid-19 pandemic."
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"The bank founded and run by the world's richest banker Uday Kotak saw bad loans rise last year as the economic fallout of the coronavirus pandemic eroded borrowers' repayment ability. "
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"It is also sad that the regulator gave an unnecessary extension to Uday Kotak before these guidelines were announced, allowing him a longer tenure at Kotak Mahindra Bank."
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"Under the discussion paper's prescribed rules, and on the assumption that the rules are applicable from April 1, 2021, Uday Kotak would have had two years till April 2023 to appoint a successor, Macquarie Research had said in a report dated June 11, 2020."
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"Calling it a "layered problem", the group's chairman Uday Kotak said the new board was appointed by the government when the large infrastructure financier was "fast degenerating into chaos". "
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"The aggressive borrowing programme, to fund infrastructure and other spends this year and next, prompted a bond sell-off, while equity markets were buoyed by what Uday Kotak describes as a "bold call" (and the lack of any new tax burden)."
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"If it weren't for a cricket accident that almost killed him, Uday Kotak probably wouldn't be the world's richest banker."
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"Kotak Mahindra Bank edged down slightly after the RBI approved the re-appointment of Uday Kotak as MD of the bank for a further period of three years."
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"Billionaires Mukesh Ambani and Uday Kotak were among those said to have attended the conference held virtually because of the pandemic. "
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"In what could be the country's biggest-ever banking deal, Kotak Mahindra -- backed by Asia's richest banker Uday Kotak -- is exploring a takeover of its smaller rival, people with knowledge of the matter said this week. "
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"Commenting on the resignation, the group's non-executive chairman Uday Kotak said, "Vineet brought with him unique insights and conviction with respect to our challenges over the last two years. "
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"Listen in to the full conversation as Uday Kotak goes down the memory lane to recount the start of his financial empire."
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"Uday Kotak said that he cannot bet on either U.S. Presidential candidates-Donald Trump or Joe Biden-even as polls show the latter leading."
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"Billionaire banker Uday Kotak has said corporate India needs to start focussing on a medium-term outlook instead of looking at their business situation on a quarterly basis."
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"Billionaire banker Uday Kotak has said that the central and state governments need to borrow more and prop up a Covid-pinched economy, but they need to be mindful of their limits."
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