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Uday Kotak is an Indian businessman who currently serves as the Managing Director, CEO, Member of Executive Board and Director of Kotak Mahindra Bank. He is the founder of Kotak Mahindra Bank where he owns 50% of the total stakes. He has an estimated net worth of $13.7 billion. He eventually became the 13th richest person in India and ranked 270th in the list of the world's billionaires.
Considered as India's first billionaire banker, Kotak has turned a small finance firm into one of the most successful and largest banks in India. The Kotak Mahindra Bank has approximately 1,369 branches which cater to millions of customers.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2018 |
Earnings |
Total calculated compensation as the Managing Director, CEO, Member of Executive Board and Director of Kotak Mahindra Bank Limited |
$31,860,000 |
|
2018 |
Others |
Other compensation as the Managing Director, CEO, Member of Executive Board and Director of Kotak Mahindra Bank Limited |
$5,900,000 |
|
2018 |
Bonus |
Bonus as the Managing Director, CEO, Member of Executive Board and Director of Kotak Mahindra Bank Limited |
$7,000,000 |
|
2018 |
Salary |
Annual salary as the Managing Director, CEO, Member of Executive Board and Director of Kotak Mahindra Bank Limited |
$18,960,000 |
|
2018 |
Salary |
Annual salary as the Managing Director of Kotak Mahindra Bank |
$430,000 |
|
2018 |
Asset |
Purchase value of the Kotak family's 1,900-square-meter Champagne House which is a sea-facing property in Mumbai’s upscale neighbourhood Worli |
$55,320,000 |
|
2017 |
Salary |
Annual salary as the Managing Director of Kotak Mahindra Bank |
$377,930 |
|
2017 |
Asset |
Estimated value of Uday Kotak's 30 per cent shares in Kotak Mahindra Bank |
$9,000,000,000 |
|
2017 |
Salary |
Annual salary as the CEO of Kotak Mahindra Bank MD |
$472,750 |
|
2016 |
Salary |
Annual salary as the Managing Director of Kotak Mahindra Bank |
$387,000 |
|
2014 |
Asset |
Estimated value of Uday Kotak's eponymous deal with Kotak Mahindra Bank which involved an all-stock deal for rival ING Vysya Bank which is partly owned by Dutch financial services group ING |
$2,400,000,000 |
|
2010 |
Salary |
Annual salary as the Vice Chairman and CEO of Kotak Mahindra Bank from the years 2009-2010 |
$161,820 |
|
2010 |
Asset |
Purchase value of Uday Kotak's 25% stake in Goldman Sachs' two subsidiaries |
$72,000,000 |