Uday Kotak's 40-Year Journey: From a Small Mumbai Office to Building a Banking Giant Worth $15 Billion

Nov 21, 2025 06:26 pm CST

Founder Uday Kotak celebrates the remarkable 40-year transformation of Kotak Mahindra Bank from a modest startup with Rs 30 lakh capital in a 300 sq ft Mumbai office to one of India's leading private-sector banks. With a current net worth of $15 billion according to Forbes, Kotak's entrepreneurial journey represents one of India's most significant financial success stories. Now serving as a non-executive director after 38 years at the helm, Kotak shares his emotional reflections and hopes for the institution's future prosperity.