Uday Kotak is the richest banker in India. Kotak has got worldwide fame just because of his vision. Uday Kotak has a net worth of Rs 76 thousand crores. He has helped lakhs of people to design their life by serving Kotak. Uday Kotak is the managing director and ambitious CEO of Kotak Mahindra Bank. Kotak is conquering the financial sector by extravagant policies. Rising like a contemporary ecosystem and elevating our nation by providing incredible service is the dream of this bank.
Top Quotes by Uday Kotak are as follows:
“I am a great believer in Indian entrepreneurship. There is a whole set of people doing so many exciting things.”
- Indian Entrepreneurship, Indian Cinema, Indian Art, Indian Literature, etc is being uplifted by modern concepts. Everyone is coming up with novice and upgraded themes. We must study everything and invent something which is our discovery.
“When a lion doesn’t get its prey, it remains hungry. When the prey saves himself, he has not won but has saved his life.”
- While surviving in this world, we must understand that, Either we become aggressive and pursue dreams or become receptive and receive failure with great courtesy. We must celebrate the process of fighting and survive in this cut-throat competition. Winning is not the only thing. If we don’t fail, then we will never understand the satisfaction of struggle and victory.
“Our view is that younger customers love our digital offering, our mobile banking applications, and so on. Older customers expect relationship managers and want much more personal attention in terms of their needs.”
- The Digital approach is loved by young aspirants and so providing them with virtuality. Old customers love physical assistance and so it is also mandatory to serve them in a physical way. Understanding the needs of the target audience and augmenting our services is the key to develop a gigantic organization.
“My view is that, as management, the focus has to be on having a strategy and executing it. As you do the strategy and execution, it is important to communicate it consistently.”
- Strategies are executed efficiently if communication happens constantly.
“I am a big believer that increasing the size of the cake is as important as the distribution of the cake. To increase the size of the cake, you need to focus on progress.”
- We need to constantly keep walking on a strenuous path and expand our business. If the business becomes huge, lakhs of people will get a source of income and they will devote their life to provide service to mankind.
“We encounter very healthy boardroom debates and pretty diverse views, so we have always had the benefit of diversity of opinion and expression before we take some important calls.”
- Discussions and opinions can help us think in various directions and give us an idea of various dimensions. Accepting every suggestion but retaining our opinion is the real identity of a leader.
Family business, targetting every potential customer, and establishing ourselves in every possible form is one of the best teachings by Uday Kotak. The suggestion of either becoming a lion and attacking or becoming a goat and saving our assets is one of the most relevant things to apply in our life.
