About Uday Kotak
Uday Kotak finds a spot on the list because Kotak Mahindra is the country’s third-largest private
bank. The bank buttressed its financial inclusion credentials by including in its customer base
4.29 lakh bottom-of-the-pyramid households. The 60-year-old Uday Kotak is the richest banker
in Asia with wealth of $11.8 billion, according to Forbes. He is also the sixth richest person in
India, as per the Hurun Rich List 2019. His shares outperformed his peers primarily because his
bank manages assets quality well.
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