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RBI re-appoints Uday Kotak as MD of Kotak Mahindra Bank

Sumit Arora Published On December 16th, 2020 Leave a comment

The Reserve Bank of India (RBI) has approved the re-appointment of Uday Kotak as Managing Director of Kotak Mahindra Bank for a further period of three years, with effect from January 1, 2021. Kotak is founder managing director and promoter of the bank.

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RBI has also approved the appointment of part-time chairman Prakash Apte and Dipak Gupta as Joint MD of the bank for a period of three years.

Important takeaways for all competitive exams:

Kotak Mahindra Bank Establishment: 2003.
Kotak Mahindra Bank Headquarters: Mumbai, Maharashtra.
Kotak Mahindra Bank Tagline: Lets make money simple.

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About the Author

Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.