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Morning Brief Podcast: Kotak succession: Big Transition & the challenges ahead

The Indian financial landscape was taken by surprise when veteran banker Uday Kotak prematurely announced his resignation as the MD & CEO of Kotak Mahindra Bank in September this year. What raised even more eyebrows was the appointment of Ashok Vaswani to take control of the hot seat. Vaswani is an industry veteran but someone who has worked most of his life at international banks overseas. Was his appointment as per the original script or did the banking regulator RBI play a big role in the succession? Catch Arijit Barman in the latest episode of The Morning Brief as he discusses why this transition matters and the challenges that lie ahead for Vaswani who takes charge this December. Join him in conversation with ET’s banking and markets editor MC Govardhana Rangan, and ET’s Associate Editor Sugata Ghosh. Tune in! ....

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"Believe Right Thing To Do": Uday Kotak Resigns As Kotak Mahindra CEO

Banker Uday Kotak has resigned as CEO and Managing Director of Kotak Mahindra Bank. ....

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After RBI's Repo Rate Hike, Uday Kotak Had This To Say

Rising food prices and the ongoing war between Russia and Ukraine have led to a global spike in inflation ....

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RBI taking inflation, inflationary expectations seriously: Uday Kotak after surprise rate hike

The banker expects a 100 basis points repo rate hike in the current fiscal.

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Mukesh Ambani Wealthiest Indian, Amazon Founder Jeff Bezos Worldâ€™s Richest Man

Hinduja group s SP Hinduja and family (USD 27 billion), Adani group Chairman Gautam Adani (USD 17 billion), HCL s Shiv Nadar and family (USD 17 billion), ArcelorMittal s Lakshmi N Mittal (USD 15 billion), and Kotak Mahindra Bank s Uday Kotak (USD 15 billion), were among other Indians who featured in the top 100 of Hurun Global Rich List. ....

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