April 2020 \ Business & Investment \ BUSINESS AND GOVERNANCE
Mukesh Ambani in Forbes Billionaires’ List

Reliance Industries’ Chairman Mukesh Ambani has been ranked ...

                                                                 Mr Uday Kotak

At 138th position, Uday Kotak is worth $10.7 billion. His Kotak Mahindra Bank is now among India’s top four banks in the private sector, boosted by its 2014 acquisition of ING Bank’s Indian operations. In January this year, the bank reached an agreement with the Reserve Bank of India over the issue of reducing Kotak’s stake in the bank to 26 percent.

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