![Kotak Mahindra Bank appoints Ashok Vaswani as MD & CEO from Jan 1](https://images.assettype.com/fortuneindia%2F2023-11%2F56d4f8d1-30e5-4d57-a313-6fc61e8a4fd9%2FAshok_Vaswani.jpg?rect=0,24,619,310&w=300&q=95)
Kotak Mahindra Bank appoints Ashok Vaswani as MD & CEO from Jan 1
Founder-CEO Uday Kotak resigned four months ahead of his retirement.
Founder-CEO Uday Kotak resigned four months ahead of his retirement.
Kotak Mahindra Bank has reported 24% YoY rise in net profit at ₹3,191 crore for Q2 FY24, driven by improvement in net interest income and lower bad loans.