2016
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Detailed explanation-1: -It is India’s second largest private sector bank by market capitalisation as of November 2021. As of February 2021, the bank has 1600 branches and 2519 ATMs.
Detailed explanation-2: -Uday Kotak founded Mumbai-based Kotak Mahindra Bank, which provides commercial and investment banking, as well as insurance and brokerage services. Kotak has a net worth of about $13.9 billion as the country’s ninth-richest person, according to the Bloomberg Billionaires Index.-With assistance from Archana Narayanan.
Detailed explanation-3: -Kotak Investment Advisors Ltd, backed by Asia’s richest banker Uday Kotak, is seeking to raise about $1 billion for a new fund dedicated to investing in residential real estate in India.
Detailed explanation-4: -Uday Kotak, Asia’s richest banker, weighs $1-bn real estate fund: Report | Business Standard News.