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
bank banking company morning needing next technology wondering
I keep wondering at night, 'Will I have a bank the next morning, or will some technology company be doing banking without needing a bank?'
attention banking customers digital expect love managers mobile older personal relationship terms view younger
Our view is that younger customers love our digital offering, our mobile banking applications and so on. Older customers expect relationship managers and want much more personal attention in terms of their needs.
approach banking believe business entire including parts pockets services tends
Our entire approach to the banking and financial services business is risk-adjusted returns. We believe that in most parts of the world, and including pockets in India, banking tends to mis-price risk.
age banking board certain debate director members per view whether
My view is that at a certain age - and we can debate whether that age is 70-72 or 75 - members need to step off boards. As per the banking guidelines, that age for the director on a board today is 70.
banking banks believe critical ensure governance nature running special
I do believe that banks are special - they are very leveraged institutions by nature; therefore, it's even more critical to ensure that the governance and the process of running a banking company are well-organised, managed and regulated.
capital global ourselves
We can use this capital as a springboard for making ourselves into global institutions.
biggest people resource
The single biggest resource India has is people and skill.
government supporting towards
The government should move towards supporting aspirations and not entitlement. Subsidies supporting non-productive growth should be reduced.
aspiration core engine supporting
My view is the core engine supporting India's growth aspiration will be the financial sector, which will have to get more efficient.
consumers customers
My view is make Indian manufacturing competitive, and if it is competitive, it can serve customers or consumers anywhere.
run
In a marathon, if you run too fast, you get exhausted. If you run too slow, you never make it.
loved
I would have loved to have been a cricketer.
believer family firm grew joint people
I grew up in a joint family of 60 people with one kitchen. So I am a firm believer in the family concept.
believer great people
I am a great believer in Indian entrepreneurship. There is a whole set of people doing so many exciting things.