Savers shift to traders in family monetary asset rebalance, says Uday Kotak

With financial institution deposits transferring from 53% to 42% between 2020 and 2024, savers have turned traders in a rebalance of family monetary belongings, mentioned Uday Kotak, Non-Government Director, Kotak Mahindra Financial institution. Referring to the aforementioned pattern on his “X” deal with, Kotak mentioned: “Future is a holistic method to monetary providers. Time for … Read more

Uday Kotak sounds alarm bells on international economic system; says US Fed might postpone fee cuts, China the ‘solely wild card’

Veteran banker Uday Kotak took to platform X on Thursday to warn traders of attainable international turbulence, citing a number of components. The previous MD and CEO of Kotak Mahindra Financial institution hinted that the US Fed might postpone fee cuts to later, probably nearer to the US Presidential elections, given higher-than-expected inflation. Additionally learn: … Read more

Kotak Financial institution elevates KVS Manian and Shanti Ekambram in management rejig

Kotak Mahindra Financial institution has elevated whole-time administrators KVS Manian and Shanti Ekambram as a part of a management rejig on the personal sector lender, efficient March 1, 2024. Additionally learn:Kotak Mahindra Financial institution increasing infra-financing play, says Honcho Paritosh Kashyap Manian has been appointed as Joint MD. He’ll spearhead the expansion of Wholesale Financial … Read more