Uday Kotak is an Indian billionaire banker & the founder of Kotak Mahindra Bank. Uday Kotak belonged to a middle-class family. His father used to run a family business of cotton. Uday Kotak was pursuing MBA, he decided to join his family business. In 1980, Uday started his finance & bill discounting business with funds borrowed from family & friends. Anand Mahindra, the chairman of Mahindra Group invested a huge amount as he was his best friend. Later on, a small business started by Uday Kotak has become Kotak Mahindra Bank. Uday Kotak is the richest banker in Asia.
Achievements of Uday Kotak :
- In 2019, Uday Kotak received the Lifetime Achievement Award & title of Best CEO in Banking Sector.
- In 2018, Kotak Mahindra Bank was awarded as Best Cash Management Bank in India.
Motivational & Inspirational Quotes by Uday Kotak :
1. “There’s no harm being a copycat. If someone else is doing a good job, copy. It’s free.”
2. “If what you create does not outlive you, then you have failed.”
3. “The trouble with opportunity is, it never announces when it comes. It’s only after it’s gone, you’d realize that you missed it.”
4. “Technology is an enabler; you have to be at the cutting edge of technology – there is no choice.”
5. “When a lion doesn’t get its prey, it remains hungry. When the prey saves himself, he has not won, but has saved his life.”
6. “In a marathon, if you run too fast, you get exhausted. If you run too slow, you never make it.”
7. “Younger customers are the future, but older customers have the money. So you need both: one for the present, and the other for the future.”
We hope that you have learned life lessons from Uday Kotak’s journey.