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Asia's richest banker Uday Kotak loses $1.3 billion after RBI's ban

Kotak Bank shares tumbled as much as 13% on Thursday after it was barred from adding new customers through its digital channels and from issuing fresh credit cards. As the largest shareholder with a stake of almost 26%, the billionaire founder bore the heaviest brunt from the selldown, the most in four years. ....

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'Started Kotak Mahindra 38 years ago with 3 employees': Uday Kotak after stepping down as bank's MD, CEO

Uday Kotak said that he has cherished every bit of this memorable journey and living his dream. ....

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