Categories: Appointments

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

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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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.