Uday Kotak, the billionaire banker and founder of Kotak Mahindra Bank announced that he will step down as the bank s Managing Director and CEO with immediate effect. The bank is now actively searching for Kotak s replacement, both internally and externally. Two key contenders for the role are K V S Manian and Shanti Ekambaram, both full-time directors at the bank.
Highlights of VBS Placements 2022:96% placement achievedHighest domestic salary package was INR 12.5 lakhs per annum (LPA)Highest international salary offered increased to INR 19.75 lakhs per annumThe average salary package offered was INR 7.00 lakhs per annumAverage salary for the top 25 students was INR 10.72 lakhs per annum, placed in 10 companies Average salary for the top 50 students was INR 8.88 lakhs per annum placed in 19 companies Prominent recruiters in the 2022 placement process were Accenture, EY, General Mills, DCB Bank, ICICI Bank, GEP Solutions, KPMG Global, PwC, and Reliance Retail, among othersBFSI accounted for 26% of the jobs offered. This was followed by Fintech and Consulting (13%)The size of the PGDM batch stood at 180