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" It is possible that the digital world may change the need for physical branches. We will continue to add branches incrementally, but we will reach a point - whether it is 1,500, 1,800 or 2,000 branches - where we will say enough is enough. "

Uday Kotak

Need

Change

Enough

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" If what you create does not outlive you, then you have failed. "

" I keep wondering at night, 'Will I have a bank the next morning, or will some technology company be doing banking without needing a bank?' "

" I would have loved to have been a cricketer. "

" There is socialism in the family that conflicts with meritocracy. And that bothered me. "

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" It's true that I have always been very comfortable with numbers. "

" I am a believer in the journey and enjoying the journey. "

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Enjoying

" There's no harm being a copycat. If someone else is doing a good job, copy. It's free. "

" The government should move towards supporting aspirations and not entitlement. Subsidies supporting non-productive growth should be reduced. "

" Growth should take care of the fear of job losses. People will be challenged to do different things. For people who are not up to it, purely based on objective assessment, that's a different issue, which, you do it anyway. "

" If you ask me, over time, I am a believer in the Indian financial saving story getting stronger; a lot more savers are moving money away from gold and real estate into banks, mutual funds, insurance and equities. "

" Technology is an enabler; you have to be at the cutting edge of technology - there is no choice. "

" For me, the real thing is make, serve and list in India. Which means we need manufacturing, we need services, and we need financial markets. "

Uday Kotak

Manufacturing

Financial

" My view is make Indian manufacturing competitive, and if it is competitive, it can serve customers or consumers anywhere. "

" I was not very keen on joining the family business... there were 14 family members working together, and it worried me that I would not have enough individuality. "

Uday Kotak

Family

Working Together

" The single biggest resource India has is people and skill. "

" When a lion doesn't get its prey, it remains hungry. When the prey saves himself, he has not won, but has saved his life. "

" If companies are able to raise equity from the market, then their problems for financing incomplete projects will come to end. Investment cycle in the capital market can kick-start with the money of savers and investors. "

" The trouble with opportunity is, it never announces when it comes. It's only after it's gone, you'd realize that you missed it. "

" A weaker currency is a national tariff. After we get a weaker currency, we have to take advantage of that. Or else, we will waste it once more in inflation and in the inability to raise competitiveness. "

Uday Kotak

Inflation

Take Advantage

" We are going to position ourselves as a world-class financial institution. We want to do things that are comparable to the best in the world. At the same time, we want to have very strong human qualities. "

" In a marathon, if you run too fast, you get exhausted. If you run too slow, you never make it. "

" A lot of family members worked in the joint commodities family business. It was a classic case of capitalism at work and socialism at home. "

" A lot of our fiscal deficit went to fund consumption and really did not get used to build investment and infrastructure. The trouble is, you can get a spurt in GDP growth, which may not be sustainable. I would much rather build the gradient of a long-term marathon. "

" Our view is that younger customers love our digital offering, our mobile banking applications and so on. Older customers expect relationship managers and want much more personal attention in terms of their needs. "