MUMBAI Most successful businessmen don't retire. They continue to build and help other companies. But few reflect upon what it takes to build a great nation. Uday Kotak belongs to that minority.
Kotak, who is now 65, stepped down as the managing director of Kotak Mahindra Bank a year ago. In a career spanning nearly four decades, Kotak managed to build a financial conglomerate with total assets worth ₹6.2 trillion, spanning across banking, mutual funds, insurance, stock broking, car finance, investment banking, private equity (PE), and alternative assets.
Since retiring as a full-time banker, Kotak is now enjoying his new-found freedom at the helm of his family office USK (Uday Suresh Kotak) Capital. Seated on the 10th floor at Godrej BKC, Mumbai, Kotak is busy managing his family money by investing in businesses with long-term potential and also mentoring the next generation of business leaders.
"I am not busy at all. I am quite relaxed," he quips as he sits down for a 90-minute-long conversation with us, on a day which is otherwise packed with meetings.
While he avoids all questions on banking, since he is currently serving as the non-executive director on the bank's board, Kotak is all eager to share his views on privatization, getting animal spirits back into the economy, risk of over-regulation and Starlink's entry into the Indian telecom sector.
In this exclusive interview with Mint, Kotak reveals his dream of seeing India as the second most powerful nation in the world during his lifetime.
You were one of those who could see the global financial crisis coming before it came. Do you have such apprehensions now?
この記事は Mint Bangalore の January 07, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Mint Bangalore の January 07, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Garth Hudson wove a musical spell on listeners
Hudson was the last surviving member of the influential rock group The Band
From red lights to green: DPI for businesses will spur job creation
Employer Aadhaar and Digilocker will apply Digital Public Infrastructure to compliance and help create high-wage jobs
An ode to the Maximum City of hopes and heartbreak
Murzban F. Shroff's new collection of Mumbai stories chronicles the decline of the city, while celebrating its resilience
Timely succession plans are the need of the hour
Succession planning is no less important for key government positions than for corporate leadership. However, as RBI's case shows, its value is yet to be adequately acknowledged
Basic technology R&D: Let's wake up before it's too late
India's future in AI and in other fast-emerging technologies depends on our will to invest in the unknown
Budget Wishlist: Insurance Sector Seeks Affordability, Awareness Boost
Reducing GST on policies will help lower the barriers to entry and improve accessibility
NCLT Delhi dismisses Akshay's plea against Cue Learn
The Delhi bench of the National Company Law Tribunal's (NCLT) dismissed actor Akshay Kumar's plea to initiate insolvency proceedings against Cue Learn Pvt. Ltd.
NMC seeks to tighten rules for hiring medical college faculty
India's apex medical education regulatory has proposed new eligibility qualifications for teachers to improve standards as it seeks to weed out ghost faculty and incompetent teachers.
Oberoi Realty gets reality check
Shares of Oberoi Realty Ltd are on shaky ground, plummeting 13% in the past two trading sessions.
UN chief Guterres calls on Iran to renounce nuclear weapons
Iran must make a first step towards improving relations with countries in the region and the United States by making it clear it does not aim to develop nuclear weapons, United Nations (UN) secretary-general Antonio Guterres said on Wednesday.
