Kotak Mahindra Bank Limited has announced the appointment of PadmaShri awardee, Dr. Ashok Gulati as an Additional and Independent Director on the Bank’s Board, for a term of five years, effective 6th March, 2021, subject to the approval of the Members of the Bank. Prakash Apte, Chairman of Kotak Mahindra Bank said, “We are truly…
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Kotak Mahindra Bank appoints Shweta Pathak as VP – Human Resources
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•Kotak Mahindra Bank, one of the largest private sector banks in India has appointed Shweta Pathak as Vice President – Human Resources, according to the ETHRWorld report. In her new role as VP of Human Resources, Pathak would be leading Campus and Talent Branding for the bank. Prior to joining Kotak Mahindra Bank, Pathak was…
Kotak leadership takes 15% salary cut, Uday Kotak to take ₹1 salary amid coronavirus pandemic
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•Private banking company Kotak Mahindra Bank recently announced that the group’s leadership team has unanimously and voluntarily opted to take a 15% cut in compensation for the financial year 2020-21. The Managing Director of the bank, Uday Kotak has personally opted to forgo his salary, and will receive Re 1/- as compensation. The bank in…
India Inc. pitching in towards the fight against Covid-19
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•Leading corporations and business leaders have announced their support to fight Covid-19 pandemic, and apart from their direct efforts, and work being done by their respective foundations or CSR initiatives, some of them have committed funds to the union and state governments relief funds. Most of these funds are expected to be directed towards putting…