Industrialist Anand Mahindra on Tuesday recalled his early meeting with banker Uday Kotak, describing how a young MBA graduate once walked into his office with a financial services idea that would later evolve into one of India’s most respected banking institutions.
The reflection came after Kotak’s recognition with the Padma Bhushan, one of India’s highest civilian honours, prompting Mahindra to share a personal note on social media highlighting their long association.
“It’s a special moment for both our families, Uday. I will never forget the moment when I met a freshly minted MBA who had decided to become an entrepreneur in financial services, and walked into my office to offer our company bill discounting facilities,” Mahindra wrote.
