The CEO and MD of Kotak Mahindra Bank, Uday Kotak, resigns.
With effect from September 1, Uday Kotak will no longer serve as managing director and CEO of Kotak Mahindra Bank, the bank announced.
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On the other hand, Uday Kotak will continue to serve as a non-executive director of the bank. Up to December 31, Joint Managing Director Dipak Gupta will serve as the MD and CEO under a temporary arrangement.
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