The Kotak Edge

Mr. Uday Kotak is the Executive Vice Chairman and Managing Director, Kotak Mahindra Bank Limited. As a young 26-year old entrepreneur in 1985, Uday Kotak started Kotak Capital Management Finance Ltd. (which later became Kotak Mahindra Finance Ltd.). The vision was to eventually become a banking company.

On March 22, 2003, Kotak Mahindra Finance Ltd. became the first non-banking financial company (NBFC) in India's corporate history to be converted into a bank.

Kotak Mahindra Bank Ltd. (KMBL) is regarded as one of the most efficient and high performing banks in India, built on the principles of simplicity and prudence. Uday remains unfazed by market euphoria and his ‘basics of banking’ approach has ensured that the loan book is of high quality and the bank is well-capitalised. In a journey spanning three decades, Uday has not only helped the company grow to this scale but also earn respect.

Today, Kotak Mahindra Group, a first generation enterprise, with revenue of US$ 5.2 billion, has a global presence, employs over 44,000 people and is recognised as one of the topmost employers in India. The group has the distinction of providing a 48% CAGR to its shareholders over a 29 year period. The core of the business model is ‘concentrated India, diversified financial services’.

Uday has a strong focus on community development and inclusive growth which is reflected by the Group’s initiatives to provide low cost services to rural customers and its welfare programmes. Uday feels strongly that education is key to the alleviation of the social malaise afflicting India's under-privileged. In a bid to address this issue, he has established the Kotak Education Foundation that focuses on the educational needs of underprivileged children.

Uday holds a Bachelor’s degree in Commerce and an MBA from Jamnalal Bajaj Institute of Management Studies, Mumbai.

Converging Entrepreneurial Dynamism with Institutional Stability

We are part of the Kotak Mahindra Group, one of India's leading and most respected diversified financial services institutions. With over three decades of working with local businesses and being a part of the Indian growth story, the Kotak Mahindra Group understands India's business, regulatory and consumer landscape better than most institutions.

Kotak Realty Fund leverages the Group's capabilities and relationships with Indian business houses to identify and invest in select real estate companies.

Marrying Research with Relationships

Collaborating with its parent, Kotak Realty Fund has developed a fine blend of combining the insights of macro research and the rigour of due diligence to build trusted relationships with Indian entrepreneurs and businesses. The Group's research capabilities and relationships help us spot macro trends and identify potential investee companies relevant to the Fund's investment strategy.