BANKING

In a handwritten letter, accessed by TOI, addressed to the bank's chairman, Prakash Apte, Uday Kotak stated, "I have mulled over this decision for some time and believe this is the right thing for the institution." He further explained that his resignation would occur after the completion of the financial year and the Annual General Meeting (AGM) for FY2023, strategically considering the transition and stability aspects.

from Banking/Finance-Industry-Economic Times https://ift.tt/2EZt9GP
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