Uday Kotak’s term extended by the government till October 2, 2021

The government has extended the term of Uday Kotak like a non-executive chairman of the debt-ridden IL&FS group for one year. The government sent a notification extended term of Kotak, to the managing director and chief executive officer of Kotak Mahindra Bank, in the extended period of October 2, 2021. The notification was signed by Joint Secretary Amit Agrawal and released by the Department of Financial Services.