The comments from Kotak came after the Reserve Bank of India (RBI) issued guidelines that the MD and CEO of a private bank cannot have a tenure of more than 15 years. RBI had earlier approved the re-appointment of Uday Kotak as MD CEO of Kotak Mahindra Bank for three years in December 2020...

https://www.financialexpress.com/industry/banking-finance/will-continue-to-be-md-ceo-of-bank-till-dec-2023-uday-kotak/2245289/

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