How Uday Kotak Built A Valuable Indian Bank: SHAPERS OF BUSINESS INSTITUTIONS

Inspiration and insights from
the achievements and challenges of one of India’s greatest entrepreneurs ‘I
have always held a deep belief that an institution like a Bank must live
forever. If what you have created does not outlive you, then you have failed.
It is the true test of what you are building.’ how did Uday, a scion of a
well-established cotton trading family, break away from the ready nest-egg
offered by the traditional family business to set up his eponymous Kotak
Mahindra Bank, known for being one of the most expensive Bank stocks in the
world. ‘How Uday Kotak built a valuable Indian Bank’ recounts the story of a
young man, brought up in a family with Gandhian values and a simple
middle-class ethos, who just wanted to be a professional cricketer. With a
foiled dream and a deep desire to do ‘something on My own’, Uday started out
with an MBA degree and an innate ability to spot unseen business
opportunities, to set up a company in the small Office space provided by his
father. The company crossed various trials by fire in tandem with India’s
economy to emerge as the Bank with the highest market to book Ratio in the
world, a measure that indicates the efficiency of the Bank in value creation
as perceived by investors. Based on personal interviews with Uday, his Kotak
team and friends, readers will learn what it takes to create a world-class
financial conglomerate with international standards of corporate governance
and asset efficiency. How Uday Kotak built a valuable Indian Bank is the sixth
and final book in the series, Shapers of business institutions.