RBI approves appointment of Dipak Gupta as interim MD of Kotak Mahindra Bank
Friday, 8 September 2023 Dipak Gupta has been appointed as the interim Managing Director and CEO of Kotak Mahindra Bank by the Reserve Bank of India (RBI) following the resignation of Uday Kotak. Gupta's appointment is for a period of two months, during which the RBI is expected to decide on the full-time MD of the bank. Uday Kotak, the founder-promoter of the bank, stepped down as MD & CEO ahead of his term and will now serve as a non-executive director.
Digitalization of the economy provides both challenges and opportunities. Central banks should ensure that they have the capacity to continue to meet their policy objectives in the digital age. It is in this context that central bank digital currency (CBDC) should be evaluated. If designed...
Veteran banker Uday Kotak on Saturday resigned as CEO and managing director of Kotak Mahindra bank, bringing an end to his nearly four-decade-long stint leading the bank, which he founded in 1985...
Kotak Mahindra Bank's two whole-time directors, K V S Manian and Shanti Ekambaram, are seen as key internal contenders to succeed Uday Kotak. The former... IndiaTimes
Friday, 8 September 2023
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