Uday Kotak

Financial industry veteran Uday Kotak has warned that the West Asia war and US President Donald Trump's speech on the conflict signal a likely return to global colonialism, echoing historic economic struggles from 1927 to 1947.

In an exclusive conversation with Mint, Uday Kotak says that 'America should be very worried about the unintended consequences of their decisions'. This with respect to the tariffs that Donald Trump has imposed and is threatening on most other countries. Kotak explains exactly why it's a problem that U.S. has taken such an aggressive stance and what it means for global order going forward. Watch!

The Kotak Mahindra Bank's MD believes that US inflation is still sticky and more rate hikes are likely from the Fed. He also sees the rate hike cycle higher for a longer period.

Uday Kotak spoke about 'gravity' and cautioned risk investors.

The 'right sectors' to invest in India now include digital, e-commerce, technology, pharmaceutical, and consumers, Uday Kotak, founder of Kotak Mahindra Bank Ltd. said

Uday Kotak, who is also the president of industry chamber CII, said the government's response to the pandemic has underlined the need for better coordination between the Centre and the states

Kotak was appointed as the head of the lender's board in 2018 to complete the resolution of the troubled firmThe board of directors were able to resolve only 18% of the firm’s outstanding debt in 2 years

Demand revival is crucial to sustaining the green shoots in the economyTo attract investments, India should leverage the opportunities arising out of the geographical shifts in global supply chains

'If there are challenges between how the government is thinking and how the regulator is thinking in the context of the covid-19 era, I think the two sides can find out a way of working together and coming out with a financial sector framework which applies to all banks'

The board seeks to resolve ₹50,590 cr of outstanding debt by March 2021 and a further ₹6,650 cr in FY22