Uday Kotak
Uday Kotak
Uday Kotakis an Indian banker; executive vice chairman and managing director of Kotak Mahindra Bank...
NationalityIndian
ProfessionBusinessman
Date of Birth15 March 1959
CountryIndia
list means
For me, the real thing is make, serve and list in India. Which means we need manufacturing, we need services, and we need financial markets.
combined mindset
Culture is about the mindset of people, and we are very happy to have a strong combined mindset of people.
business capitalism case classic family joint members socialism work worked
A lot of family members worked in the joint commodities family business. It was a classic case of capitalism at work and socialism at home.
financial history home large presence succeeded
If you look at the history of large financial institutions, most of them have succeeded because of a deep presence in their home market.
bad careful drop interest lower money move rates savings
What we have to be careful is that if we drop interest rates where the rate of interest is lower than inflation, then savers will not put money in financial savings and move it to gold and real estate, which is bad for India.
executing view
My view is that, as management, the focus has to be on having a strategy and executing it. As you do the strategy and execution, it is important to communicate it consistently.
believer increase size
I am big believer that increase the size of the cake is as at least as important as distribution of the cake. To increase the size of the cake, you need to focus on progress.
life prey remains saved saves
When a lion doesn't get its prey, it remains hungry. When the prey saves himself, he has not won, but has saved his life.
artificial creating early money survive whether
My view is that the bitcoin is in its very early days, and it is an artificial currency. But whether it is creating new money, whether it is sustainable, whether it would survive - I have many questions about it.
add branches change continue physical point possible whether
It is possible that the digital world may change the need for physical branches. We will continue to add branches incrementally, but we will reach a point - whether it is 1,500, 1,800 or 2,000 branches - where we will say enough is enough.
If what you create does not outlive you, then you have failed.
believer enjoying journey
I am a believer in the journey and enjoying the journey.
capital companies cycle equity financing incomplete market money projects raise
If companies are able to raise equity from the market, then their problems for financing incomplete projects will come to end. Investment cycle in the capital market can kick-start with the money of savers and investors.
business family joining keen members worried
I was not very keen on joining the family business... there were 14 family members working together, and it worried me that I would not have enough individuality.