09-02-2023 03:10 PM | Source: Reuters
Uday Kotak resigns as chief executive of Kotak Mahindra Bank
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Uday Kotak has resigned as the managing director and chief executive of Kotak Mahindra Bank, the bank said in a stock exchange filing on Saturday.

Dipak Gupta, currently the joint managing director, will carry out the chief executive duties until 31 December, the bank added.

It did not give a reason for Kotak's resignation.