Description: (Entrepreneur)
Uday Suresh Kotak is an Indian banker recognized for establishing Kotak Mahindra Bank, where he currently serves as a non-executive director. In the early 1980s, he entered the world of entrepreneurship and diversified his business into various financial services sectors, including bills discounting, stockbroking, investment banking, car finance, life insurance, and mutual funds. Notably, he secured a banking license from the Reserve Bank of India for Kotak Mahindra Finance Ltd. As of 2021, his wealth is estimated at US$14.8 billion, showcasing his success in the financial industry.