BANKING

Uday Kotak on Saturday resigned as the Managing Director and Chief Executive Officer of private lender Kotak Mahindra Bank, the company said in a stock exchange filing. In the interim, Dipak Gupta, the Joint MD will takeover the responsibilities of Kotak until December 31, subject to the approval of the Reserve Bank of India and the members of the bank.

from Banking/Finance-Industry-Economic Times https://ift.tt/128woGj
via IFTTT