Dipak Gupta has been appointed as the interim Managing Director and CEO of Kotak Mahindra Bank by the Reserve Bank of India (RBI) following the resignation of Uday Kotak. Gupta’s appointment is for a period of two months, during which the RBI is expected to decide on the full-time MD of the bank. Uday Kotak, the founder-promoter of the bank, stepped down as MD & CEO ahead of his term and will now serve as a non-executive director.
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RBI approves appointment of Dipak Gupta as interim MD of Kotak Mahindra Bank
Dipak Gupta has been appointed as the interim Managing Director and CEO of Kotak Mahindra Bank by the Reserve Bank of India (RBI) following the resignation of Uday Kotak. Gupta’s appointment is for a period of two months, during which the RBI is expected to decide on the full-time MD of the bank. Uday Kotak, the founder-promoter of the bank, stepped down as MD & CEO ahead of his term and will now serve as a non-executive director.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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