Uday Kotak reflects on Kotak Mahindra Bank’s humble beginnings and values

  • Uday Kotak reminisces about founding Kotak Mahindra Bank in 1985 with ₹30 lakh, emphasizing its start-up nature and middle-class employee base.
  • He highlights the importance of ‘professional entrepreneur’ values and the bank’s culture of entrepreneurship combined with professionalism.
  • Kotak draws parallels between his bank’s familial approach to business and the origins of global financial institutions, stressing the significance of reputation and brand protection.

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