How did a talented cricketer, coached by none other than Ramakant Achrekar, start his entrepreneurial journey at the age of 23 and go on to become one of India’s most successful bankers?
Mr. Uday Kotak, Managing Director and CEO of Kotak Mahindra Bank (KMB) in this riveting conversation with Dr. Tulsi Jayakumar, Professor of Economics and Chairperson of the Family Managed Business Programme at SPJIMR, talks about his entrepreneurial journey and the human mantras that he follows that has led to his success. They discuss the 3 M’s that shaped his childhood – Maa, Maths and Mania for Cricket, how cricket shaped the future banker in Mr. Kotak, how Mr. Anand Mahindra’s name came to be part of KMB, why ‘professional entrepreneurship’ is a key term for the present and future of the entrepreneurial ecosystem, and why ‘Winner-Takes-All’ might eventually trump ‘Coopetition’.
They also talk about KMB’s JV with Goldman Sachs, the eventual parting of ways and his 7-year pursuit of ING Vysya. Mr. Kotak also shares his views on the future of banks and banking and gives advice to the layman on how to decide where to park his/her money and talks about what keeps him awake at night.