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Turning around Kotak Bank's stock will be the true test of Vaswani's leadership

Uday Kotak, the bank’s promoter and CEO until September, has said he is proud to bring a ‘global Indian’ home to build his bank business, but the equity market doesn’t seem to have warmed to Vaswani’s appointment ....

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Kotak Mahindra Bank drops over 2% after naming new CEO

Shares of Kotak Mahindra Bank fell more than 2% on Monday after it named veteran banker Ashok Vaswani as managing director and CEO following founder Uday Kotak's resignation. ....

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Street awaits Ashok Vaswani's 'tech touch', overhang on Kotak Bank remains

While the stock has been a consistent compounder in the past two decades, the overhang of Uday Kotak s exit has been weighing for two years. The stock has been trading the Rs 1,700-Rs 2,100 range since the beginning of 2021 ....

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