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.
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.
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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 ...
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 ...
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 ...
Unlike many returnees driven by personal ties, Vaswani was drawn back by a professional challenge — succeeding founder Uday Kotak at the helm. India’s rapid growth and digital infrastructure ...