For Kotak Mahindra Bank, it’s getting crowded at the top
The recent elevation of Uday Kotak’s long-time associate, K.V.S. Manian, as joint MD may have been an important business decision. But it leaves the country's fourth largest private bank with three heavyweights at the top. Will they pull in the same direction?
More in Business
You may also like
The rot at HDFC Bank’s Dubai branch goes deep
The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.
Bajaj Finance’s Rajeev Jain has a lot of work to do
India’s leading NBFC wants to double its loan book in the next four years by focusing on areas neglected by others. The managing director has a plan for both achieving this growth and fixing its succession crisis.
SBI Mutual Fund gains at the cost of its parent
India’s largest lender is going out of its way to grow its mutual fund business at the cost of shareholders, raising questions of corporate governance.