According to Bloomberg Billionaires Index, Kotak has a net worth of about $14.5 billion, most of which comes from from the 26 per cent stake at the bank. Kotak was leading the bank since it was converted into a commercial bank in 2003, Companies News, Times Now
Kotak Mahindra Bank Limited at its meeting held on September 2, 2023 announced that Mr. Uday Kotak has ceased to be the Managing Director of the Bank, with effect from September 1, 2023 on account of.
Australia's poll watchdog says an upcoming Indigenous rights referendum will ask a single question not a pair of questions where the first overrides the second contrary to false posts shared on social media. Australian law does not allow for a referendum to be designed in this way, an expert told AFP.
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