Kotak’s term is set to end in December, and due to the new RBI rules on limiting CEO tenures, he cannot continue in the role.
The bank clarified that it has not received any formal or informal communication from the RBI regarding the CEO succession. Uday Kotak has announced that he will remain a non-executive board member of the bank, where he holds a 26% stake, making it one of the few large private sector banks with prominent promoter shareholders.
Diese Geschichte stammt aus der August 01, 2023-Ausgabe von The Business Guardian.
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Diese Geschichte stammt aus der August 01, 2023-Ausgabe von The Business Guardian.
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