The end of a remarkable era in Indian finance
Uday Kotak, one of the past century’s great bankers, retired on September 1st
Most people would go to London, New York or Hong Kong to find the world’s outstanding financiers. But perhaps Mumbai deserves a look. After all, it is home to three men who rebuilt India’s banking system after its enfeeblement by a wave of socialist experiments that began in the 1950s. The last of these giants, Uday Kotak, announced his retirement from Kotak Mahindra Bank on September 1st.
This article appeared in the Finance & economics section of the print edition under the headline “Farewell to a giant”
Finance & economics September 9th 2023
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