![RBI again designates Uday Kotak as MD of Kotak Mahindra Bank Uday Kotak](https://focusmerit.com/wp-content/uploads/2020/06/Uday-Kotak-300x200.jpg)
- The Reserve Bank of India (RBI) has adopted the re-appointment of Uday Kotak as Managing Director of Kotak Mahindra Bank for a further period of three years, with effect from January 1, 2021.
- Kotak is the founder managing director and promoter of the bank.