India.com4d
Uday Kotak makes Massive claim, says Banks will be completely destroyed if…, India’s Richest banker makes THIS statement due to…
Meanwhile, Uday Kotak, Asia’s richest banker, has highlighted a major issue faced by banks today. He stated that banks are experiencing a decline in deposit inflows, which could lead to losses.
Business Today6d
Uday Kotak flags critical banking risk: 'Borrow at 9% and lend at 8.5!'
Top banker and business leader Uday Kotak highlighted this discrepancy in a post on X, directly questioning the sustainability of the banking model amid these inverted margins. Kotak outlined the ...
Mint4d
Banking needs a mindset of continuity, perpetuity: Uday Kotak
Mumbai: Focus on “short-termism” at the leadership level is a worrisome trend in the financial services sector, according to Uday Kotak, founder and non-executive director, Kotak Mahindra Bank.
Business Line6d
Banking business model under challenge if deposit tightness persists: Uday Kotak
Kotak Mahindra Bank’s founder Uday Kotak said today. “Leading banks are taking 1 year wholesale deposits at ~8 per cent. Translates to loaded marginal deposit cost of 9 per cent+ after CRR (0 ...
Mint3d
US should be very worried about unintended consequences of its tariff actions: Uday Kotak
Mumbai: The US could face “unintended consequences" of taking an aggressive stance against the world, Uday Kotak, founder and non-executive director of Kotak Mahindra Bank, said at the Mint ...
Indiatimes5d
'Banks borrow at 9%, lend at 8.5%'... Kotak flags risk in lending biz model
Mumbai: Ahead of a likely rate cut by RBI, even as liquidity remains scarce, veteran banker Uday Kotak has raised concerns over the banking business model, highlighting the narrowing spread ...