Padma Awards 2026: Banker Uday Kotak named among Padma Bhushan recipients
Veteran banker and industrialist Uday Kotak has been named among the Padma Bhushan awardees as part of the Padma Awards 2026 list announced on the eve of Republic Day. The recognition highlights his long-standing contribution to India’s financial sector and the evolution of banking and capital markets.
Uday Kotak receives one of India’s top civilian honours
The Padma Awards 2026 list, announced on the eve of Republic Day, includes veteran banker and industrialist Uday Kotak among the Padma Bhushan recipients. The Padma Bhushan is one of India’s highest civilian honours and the award underlines the role of finance-sector leadership in national economic development.

A business and banking career recognised at the national level
Kotak has been credited with shaping modern banking and financial services in India, including institution-building and leadership through multiple market cycles. The Padma Bhushan citation, as reported, reflects recognition for his longstanding contribution to the country’s financial ecosystem.
A broader Padma list spanning sectors
The Padma Awards are announced annually to recognise distinguished service in diverse fields. In 2026, the overall list spans arts, public affairs, medicine, sports and industry—placing business leadership alongside public-service contributions and cultural achievement in the national honours framework.
Next steps
After the announcement, the honours are expected to be conferred in formal ceremonies at Rashtrapati Bhavan later in the year. The investiture typically takes place in the March–April period, with dates notified closer to the event.