Ashok Vaswani

Ashok Vaswani

business executive India

Ashok Vaswani is the Managing Director and Chief Executive Officer of Kotak Mahindra Bank, having assumed the role 15 months ago after a successful 35-year career abroad with notable positions at Barclays. He returned to India to take on the challenge of leading the bank, succeeding its founder Uday Kotak, and has been focusing on enhancing customer experience and driving deposit growth through product innovation and digital transformation. Recently, he commented on the Reserve Bank of India's rate cuts, noting that they have not yet led to a decrease in fixed deposit rates, highlighting the challenges banks face in pricing amid tight liquidity.

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Recent Mentions

India India: Ashok Vaswani took over as MD & CEO of Kotak Mahindra Bank 15 months ago, drawn back by a professional challenge. 8

The Times of India: RBI cut didn’t lower FD rates: Kotak chief