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Kotak’s Vaswani hopes that NRC will broaden CEO search beyond internal bench

Medium confidence53

Outgoing Kotak Mahindra Bank CEO Ashok Vaswani expects the selection panel to look beyond internal candidates for his successor, as he prepares to step down in December. The bank also reported a 26% jump in Q1FY27 profit and outlined plans to raise FCNR-B deposits via GIFT City and DIFC.

First seen · latest update · India · business

Developing: this story surfaced recently from a single outlet. It appears early by design — expect the confidence score to move as more outlets report (or don’t).

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