Kotak Mahindra Bank's Milind Nagnur steps down as COO, CTO

Milind Nagnur resigned as Kotak Mahindra Bank's COO and CTO effective Feb. 15 due to personal reasons. He joined Kotak after previously serving as managing director at Citigroup and CTO at Early Warning. During his tenure, the Reserve Bank of India imposed restrictions on the bank due to gaps in its IT infrastructure.