| 1. Uday Kotak is an Indian banker, social worker, and entrepreneur who founded Kotak Mahindra Bank. |
| 2. In 2023, he became the world's third-wealthiest banker and the wealthiest banker in India. |
| 3. Uday Kotak grew up in a large joint family of sixty members in Mumbai. |
| 4. After sustaining a forehead injury during a cricket match, he took a break from pursuing his MBA studies. |
| 5. Following a successful surgery, he ventured into his family's trading business in Mumbai. |
| 6. Later, he founded his financial firm, rejecting a job offer from Hindustan Unilever. |
| 7. In 1985, Uday Kotak and banker Sidney Pinto launched Kotak Capital Management with an initial investment of US$80,000. |
| 8. Kotak diversified the company's focus from billing discounts to car loans in 1989. |
| 9. He acquired a stake in the Bank of Madura in 1992 and partnered with Goldman Sachs for investment banking in 1995. |
| 10. In 1995, he established Kotak Mahindra Capital Company Limited and acquired Business Times (now Business Standard) in 1997. |
| 11. Kotak entered the mutual funds sector in 1998 and the life insurance sector in 2001. |
| 12. Kotak Mahindra Bank received a banking license from the RBI in 2003. |
| 13. The bank acquired ING Vysya Bank in 2014 and became the largest stakeholder in MCX. |
| 14. In 2018, he was appointed the non-executive chairman of the IL&FS board. |
| 15. Uday Kotak served as the MD of Kotak Mahindra Bank since January 2021. |
| 16. Kotak resigned as Managing Director and CEO of Kotak Mahindra Bank on 1 September 2023. |
| 17. In 2023, Kotak Mahindra Bank acquired Sonata Finance for US$67 million (Rs. 537 crore). |
| 18. During a panel discussion in April 2023, Uday Kotak made headlines by calling the US dollar a "financial terrorist." |
| 19. Kotak cleared up his statement about the US dollar afterward. |
