Tag: MD Dipak Gupta

Uday Kotak, who in 1985 founded Kotak Mahindra Finance, a finance company that transformed into Kotak Bank with a Rs 3.5 lakh crore marketcap, has stepped down as MD & CEO. In an interview with TOI’s Mayur Shetty, Kotak sought to explain why exiting four months before the end of his tenure in Dec 2023 should not come as a surprise. Excerpts from the interview:Your resignation has come as a surprise. Why did you step down ahead of tenure?I wanted to do the right thing for the institution....