What we have to be careful is that if we drop interest rates where the rate of interest is lower than inflation, then savers will not put money in financial savings and move it to gold and real estate, which is bad for India.
From Uday Kotak
I am big believer that increase the size of the cake is as at least as important as distribution of the cake. To increase the size of the cake, you need to focus on progress.
My view is that, as management, the focus has to be on having a strategy and executing it. As you do the strategy and execution, it is important to communicate it consistently.
If you ask me, over time, I am a believer in the Indian financial saving story getting stronger; a lot more savers are moving money away from gold and real estate into banks, mutual funds, insurance and equities.
If you look at the history of large financial institutions, most of them have succeeded because of a deep presence in their home market.
It's true that I have always been very comfortable with numbers.
A lot of family members worked in the joint commodities family business. It was a classic case of capitalism at work and socialism at home.
I would have loved to have been a cricketer.
There is socialism in the family that conflicts with meritocracy. And that bothered me.
Growth should take care of the fear of job losses. People will be challenged to do different things. For people who are not up to it, purely based on objective assessment, that's a different issue, which, you do it anyway.
8 perspectives
6 perspectives
5 perspectives
4 perspectives
3 perspectives
1 perspectives