India, Nov. 21 -- Kotak Mahindra Bank Ltd., a house that Uday Kotak built with a little help from Anand Mahindra, has completed 40 years of operations today-from Rs.30 lakh capital in 1985 to Rs.4.2 lakh crore market capitalisation today.

"40 years ago today, I started a company with Rs.30 lakh capital, in a 300 sq ft office in Fort, Mumbai. Today that company, which I ran for 38 years, is Kotak Mahindra Bank," Kotak wrote on X, formely Twitter, on Friday. "As this Indian institution navigates changing times, may it prosper. Happy Birthday.tum jiyo hazaaro saal."

Kotak Mahindra Bank's journey began in 1985 when Uday Kotak-who wasn't interested in the family business of textiles-set up Kotak Capital Management Finance Ltd. as an offshoot...