Will continue to be MD & CEO of bank till Dec 2023: Uday Kotak

The comments from Kotak came after the Reserve Bank of India (RBI) issued guidelines that the MD and CEO of a private bank cannot have a tenure of more than 15 years. RBI had earlier approved the re-appointment of Uday Kotak as MD & CEO of Kotak Mahindra Bank for three years in December 2020.

from Banking & Finance – The Financial Express https://ift.tt/3eePEd3