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In March 2017, Kotak Mahindra Bank launched an online savings account called Kotak 811 [26], named after the date Prime Minister Narendra Modi had announced demonetisation in the previous year (8 November), which according to Uday Kotak was "the day that changed India." [27] [28] Kotak 811 helped the bank double its number of customers by ...
Uday Suresh Kotak (born 15 March 1959) is an Indian banker and founder of Kotak Mahindra Bank, where he is a non-executive director. In the early 1980s, while India was still a closed economy with slow economic growth, Kotak decided to start on his own, turning down a lucrative job offer from a multinational corporation. [ 2 ]
List of banking families. Cosimo de' Medici, Florentine banker, who established his family, the Medici dynasty, as effective rulers of Florence. Jakob Fugger, of the Fugger family. Bindo Altoviti, famous patron of the arts, papal banker and grandnephew of Pope Innocent VIII. Johann Hinrich Gossler (1738–90), of the Berenberg-Gossler family.
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Zurich Insurance (70%), Kotak Mahindra Bank. Website. www.zurichkotak.com. Zurich Kotak General Insurance Company is an Indian general insurance company headquartered in Mumbai. It offers non-life insurance products like motor, health, home and others. [3] It is 70% owned by Swiss insurance company Zurich Insurance.
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