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Uday Kotak sole Indian financier in Forbes’ most powerful list

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Chief of Kotak Mahindra Bank : Uday Kotak

  • Assets worth about 7.1 billion dollars
  • His name added in the Forbes’ list of 40 of the most powerful people in the financial world Uday Kotakas an Indian.
  • He uses to control the flow of trillions of dollars around the global economy.
  • Kotak is ranked 33rd in the Forbes list of ‘Money Masters: The Most Powerful People in the Financial World’
  • Blackstone Group’s CEO Stephen Schwarzman in topped ranking assets worth about 10.2 billion.
  • His oversees assets worth of 344 billion dollars.

Forbes Announcements:

  • The hedge fund managers, private equity moguls and lenders who control the flow of trillions of dollars around the global economy
  • Kotak bank is being supervised 34.6 billion dollars in assets
  • Indian billionaire has made his fortune lending to the denser masses between Mumbai and Delhi
  • The bank is being continued to offer 6% on savings accounts, even in higher falling rates
  • Kotak is enthusiastic on his native country and believes investing in India is like a Bollywood movie
  • Even in lowered in the asset prices, The chief of the bank is trying better option to invest money to work
  • It also includes real estate deals in India
  • PMorgan Chase CEO Jamie Dimon on the third rank
  • Berkshire Hathaway head Warren Buffet fourth rank
  • Goldman Sachs Chairman Lloyd Blankfein in the ninth rank
  • Soros Fund Management chief George Soros in the tenth rank