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All but 2 of 40 branches of Kotak Mahindra Bank in Mumbai stayed open.
FORBES: Mumbai Will Rise Again
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Take Uday Kotak, 47, whose Kotak Mahindra Bank is taking advantage of partial liberalization of financial services.
FORBES: Opportunity Knocks
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Runs Kotak Mahindra Bank, which he cofounded as finance firm in 1985.
FORBES: Magazine Article
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"Kamath's done a great job of managing such a diversified portfolio and balancing the risks, " acknowledges Uday Kotak of rival Kotak Mahindra Bank.
FORBES: Magazine Article
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The bank was originally co-founded by Kotak and tractor tycoon Anand Mahindra in 1985 as a small financial services firm which acquired a banking licence in 2003.
FORBES: Billionaire Indian Banker Looks East
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"Uday's never been one to follow the beaten track and has a sixth sense about spotting hidden opportunities, " says Mahindra, who's been happy to let Kotak run the show and now holds 4% of the bank.
FORBES: Opportunity Knocks