Uday Kotak is the Vice Chairman and Managing Director of Kotak Mahindra Bank, India's 3rd largest private sector bank. Starting from humble beginnings, Kotak has built a business empire worth $7.6 billion in less than two decades through his entrepreneurial skills and leadership of Kotak Mahindra Bank. Under his direction, Kotak Mahindra Bank has become one of the most successful and well-regarded banks in India.

1. UDAY KOTAK
Uday Kotak is the Vice Chairman and the Managing Director of Kotak
Mahindra Bank. He is a self made Indian Business man with a net worth of
7.6 billion dollars. In less than two decades he has not only made a
prodigious fortune but has also created a brand name in the banking and
investment industry. Presently, Kotak Mahindra Bank is the 3rd largest
private sector bank in India.

2. GROUP MEMBERS
 VRUSHALI GUDEKAR
 DIVYANI PAYGUDE
 ANKITA POL
 RIYA GUPTA
 AJINKYA RAJAK

3. Uday Kotak
Birth date 15th March,1959
Birth place Mumbai ,India
Occupation Chairman,kotak mahindra bank
Education Sydenham College Jamnalal Bajaj
Institute of management studies
Networh $7.6 billion
Source Banking

4. Early Life and Background
 This successful banker was born on March 15 in
Mumbai, India, to a traditional upper-middle class
Gujarati family which was originally into cotton trading.
 He received his earlier education from the Hindi Vidya
Bhavan, Mumbai. Uday was very sharp in math. Other
than studies, Uday was highly fascinated with the game
of cricket. He used to be the captain of the school’s
cricket team.
 After completing his high school education, Kotak
earned his bachelor’s degree from Sydenham College.
In 1982, he received his post graduation degree in
management studies from Jamnalal Bajaj Institute of
Management Studies. Uday used to play cricket during
his college days too.

5. Relationship and Personal Life
 Uday Kotak is married to Pallavi Kotak. In 1985, the
couple met for the first time in a party and fell in
love. They got married within two months of dating.
Pallavi could be regarded as the main driving force
behind Uday’s success as she supported him to
begin his own business rather than joining any
MNC with a lucrative pay scale.
 The adorable couple is blessed with one son
named Jai Kotak and one daughter. Jai is studying
MBA at Harvard Business School.

6. UDAY KOTAK JOURNEY
 Although he came from a business background, Uday
Suresh Kotak decided to pursue his own entrepreneurial
dreams
 So in 1985 at the age of 26, with some seed money
raised from family and friends and a 300 square-feet
office lent to him by his father, he started his own
finance firm which was initially called Kotak Capital
Management Finance
 Soon after, Anand Mahindra of Mahindra and Mahindra
Ltd. came on board as an investor, and in 1986 the
company was renamed as Kotak Mahindra Finance Ltd.
 As time passed, the company diversified its offerings to
include stock brokerage, investment banking, mutual
funds and insurance services

7.  In 1995, Kotak’s firm became the first-ever
company to form a joint venture with Goldman
Sachs. The joint venture came to an end in 2006
when the former bought back its shares for $75
million
 In 2003, Kotak Mahindra Finance became India’s
first, private-sector non-banking financial company
(NBFC) to become a commercial bank
 The year 2015 marked a significant milestone for
Kotak when the bank merged with ING Bank’s
India chapter -- ING Vysya
 In 2016, his company acquired 19.9% equity shares
of Airtel Payments Bank (then known as Airtel M
Commerce Services Ltd.)
 In 2017, the company purchased BSS Microfinance
Limited for $21 million

8.  Today, Kotak Mahindra Bank is one of India’s four
largest private-sector banks which offers a wide
range of financial services including banking,
stockbroking, investment banking, car finance, life
and general insurance and asset management.
With around 1,600 branches, the bank has
presence all across India and in several major cities
around the globe
 Currently, Kotak himself owns around 26% of Kotak
Mahindra Bank and is the world’s richest self-
made banker
 Kotak is a firm believer in the concept of
empowerment using education and through the
Kotak Education Foundation runs several
programmes to benefit the underprivileged

9. NET WORTH
 As per Forbes, Uday kotak is worth 7.6 billion
dollars or we can say that he is having around
Rs.42,000 Crores. It is really a pleasant surprise to
know that he has made a fortune within 2 decades
after coming from nowhere. Remember, none of his
family members are from financial business world.
He started everything from scratch and borrowed
money from friends, apart from investing his own
savings.

10. AWARDS AND ACHIVEMENTS
 Uday was ranked #2 in Best CEO's in the year 2020.
 His bank, Kotak was ranked #4 in the Best Managed
Company in the year 2020.
 Uday received the Lifetime Achievement Award at
Magna Awards 2019 by Businessworld.
 At the Business Today Best CEO Awards 2019, he was
named the Best CEO in Banking Sector.
 In 2019, Kotak received the Best Bank Domestic
award at the Asset Country Awards 2019.
 He was ranked #8th in India’s 50 most powerful
people of 2017 list by India Today.

11. o He was the only Indian Financier to feature in
Money Masters: The Most Powerful People in The
Financial World, by Forbes magazine, US (May
2016).
o He was named Ernst & Young World
Entrepreneur of the Year in June 2014.
o The Asian Banker Transaction Banking
Awards:Best Cash Management Bank in India
o Best Productivity, Efficiency and Automation
Initiative, Application or Programme – Kotak
Mahindra Bank - Smart Collect"
o Shekhar Bhandari as The Transaction Banker of
the Year in Asia Pacific 2019

12.  Uday Kotak: Lifetime Achievement Award at Magna
Awards 2019 by Businessworld
 Uday Kotak named the ‘Best CEO in Banking
Sector’ at the Business Today Best CEO Awards
2019
 The Asset Country Awards 2019 Best Bank –
Domestic award
 The Magna Awards 2019 by Business worldBest
Mid-Size Bank
 Fastest Growing Mid-Size Bank

13. SUCCESS
 Uday eventually converted the bill-discounting
startup into a financial services conglomerate in
2003. Kotak Mahindra Bank became the second
largest schedule commercial bank by market
capitalization in India (private and PSU). Kotak has
assets of worth $62 billion, in addition to 1600
branches and 2519 ATMs, as of the year 2020.
 Uday founded Kotak Mahindra Bank in February
2003. It is India’s third most valued bank and is
headquartered in Mumbai, Maharashtra, India. As
of 2020, the bank grosses a revenue of $7.1
billion.

14. MEMBERSHIP
 Kotak is a member of the Government of India's
High Level Committee on Financing Infrastructure,
the Primary Market Advisory Committee of the
Securities & Exchange Board of India, Member of
the Board of Governors of the National Institute of
Securities Markets and ICRIER. He is also
Governing Member of the Mahindra United World
College of India, and Member of National Council of
CII.[citation needed] Kotak is also a member of the
strategic board which advises the national law
firm, Cyril Amarchand Mangaldas.[17]

15.  1986 - The Kotak Mahindra Finance Ltd started with its
bill discounting activity.
 1987 - Uday's company entered into Lease and Hire
purchase market.
 1990 - He started with auto finance division.
 1991 - He took over FICOM, which is one of India's
largest retail marketing networks.
 1992 - Made an entry into Funds Syndication Sector.
 1995 - He incorporated his Brokerage and Distribution
businesses into a separate company – Securities. Also
the Investment banking division was incorporated into -
Kotak Mahindra Capital Company.
JOURNEY OF UDAY KOTAK FROM THE INCEPTION
OF KOTAK MAHINDRA FINANCE LTD TILL DATE

16.  1996 - His Auto Finance Business was hived off into a
separate company - Kotak Mahindra Prime Limited. He
bought a significant stake in Ford Credit Kotak.
He set up Mahindra Limited, for financing Ford vehicles
and launched Matrix Information Services Limited which
marked the Group's entry into information distribution.
 1998 - He entered the mutual fund market with the
launch of Kotak Mahindra Asset Management Company.
 2000 - He tied up Kotak Mahindra with Old Mutual plc.
for the Life Insurance business.
Kotak Securities launched its on-line broking site.
Commencement of private equity activity.
Kotak Mahindra Venture Capital Fund was set up to
start a private equity venture.
 2001 - * He sold Matrix to Friday Corporation.
* He launched Insurance Services.
* Kotak Securities Ltd. was incorporated into Finance
Ltd.

17.  2003 - He converted Kotak Mahindra Finance Ltd into a
commercial bank which became the first Indian
company to do so.
 2004 - He launched, India Growth Fund which was a
private equity fund.
 2005 - He realigned Kotak Group's joint venture in Ford
Credit and their stake in Kotak Mahindra Prime was
bought out. Also, Kotak group’s stake in Ford credit
Kotak Mahindra was sold. He also launched a Real
estate fund.
 2006 - He bought the 25% stake held by Goldman
Sachs in Kotak Mahindra Capital Company and Kotak
Securities.
 2008 - He launched a Pension Fund under the New
Pension System.

18.  2009 - Kotak Mahindra Bank Ltd. opened a
representative office in Dubai. He Entered Ahmedabad
Commodity Exchange as anchor investor.
 2010 – He made the Ahmedabad Derivatives and
Commodities Exchange which was a Kotak anchored
enterprise, operational as a national commodity
exchange.
 Today, Kotak Mahindra Bank has the second highest
price-to-book ratio amongst major global banks, and the
bank’s market capitalization has risen 30 times since it
went public in 1992 to about $6 billion. Kotak presently
owns 48 percent of the stock. It has gained popularity all
over the world with its tag line “Think Investments, Think
Kotak”.

19. TURNING POINT
 Uday realized the vital importance of the banking
industry in the flourishing market like India and the
stringent control of the government over this sector.
After having established himself firmly as a service
provider in the non banking sector, he wanted to make
an entry and explore the banking sector. He observed
that the sector was controlled by ineffective state owned
banks and also the helplessness of the foreign banks to
open new branches because of the regulatory
approvals. He predicted that since Central Bank has
barricaded foreign banks to acquire more than 5% of
any domestic banks till 2009, his bank will derive its
market share at the cost of state-owned banks.

20. o Therefore Mr. Kotak decided to make an entry into
the banking sector by applying for a banking license
with the RBI and was finally granted with the same
in 2003. The banking license allowed Uday to
operate at least six different businesses from a
single dais. As quoted by Uday himself “A dramatic
change has taken place in India. This nation of
savers has turned into a nation of investors and
spenders. That's an exploding opportunity for a
banker”.

21. HISTORY
 In 1985, Uday Kotak founded what later became an
Indian financial services conglomerate. In February
2003, Kotak Mahindra Finance Ltd. (KMFL), the
group’s flagship company, received a banking
licence from the Reserve Bank of India. With this
KMFL became the first non-banking finance
company in India to be converted into a bank.
 In a study by Brand Finance Banking 500 published
in February 2014 by Banker magazine, KMBL was
ranked 245th among the worlds’s top 500 banks
with a Brand valuation of around US$481 million
and brand rating of AA+

22. PROBLEMS FACED BY UDAY KOTAK AND HIS
SURVIVAL
 Uday Kotak's journey wasn't easy as he had to face
a lot of obstacles and challenges. The hitches came
in the form of investments gone sour when
companies like ABCL, the Matrix Information
Services etc failed to deliver. Because of his
superior entrepreneurial skills he didn't take much
time to recover from such instances and hence
regained his position as the top Indian banker of his
era

23. In addition to his caliber, dedication and affinity
towards numbers, it is his ability to channel the
efforts of his workforce to the maximum possible
benefit of his organization which helps him in
attaining milestones. This young Indian banker is
ranked as the 44th richest person in the world. He
assumes social responsibility and in regard of this
he has established “Kotak Education Foundation”
along with his wife to cater to the educational needs
of the under-privileged

24. THANK YOU