Kotak Mahindra Bank celebrates its 40th anniversary, emphasizing the need for adaptation in a rapidly changing financial landscape. Leaders Uday Kotak and Ashok Vaswani discuss the bank's future and digital transformation.

Kotak Mahindra Bank is entering its 40th year, reflecting on its journey and the future of banking. Uday Kotak, now a board member, emphasizes the need for the bank to adapt to a rapidly changing financial landscape. Ashok Vaswani, the current CEO, sees technology as a key driver for the bank's next phase. They discuss how customer behavior is shifting, with more people moving their money into investment products rather than traditional savings accounts. The leaders believe that the bank's diversified structure will help it navigate these changes. They also address the importance of digital banking and maintaining a strong internal culture to ensure long-term success.