Mumbai: Kotak Mahindra Bank founder Uday Kotak has warned about interest rates staying elevated for a longer period of time due to a higher-than-expected US inflation and firm oil prices. Kotak said US inflation may dent hopes of interest rate cuts by the Federal Reserve and keep interest rates “higher for longer” even in countries … Read more
Veteran banker Uday Kotak said on Wednesday that Indian stock markets are nowhere near bubble territory. He made this remark in the presence of Sebi chief Madhabi Puri Buch, who earlier this week raised concerns of potential “froth” or “bubbles” in pockets of the market. “There may be a little froth, it could be a … Read more
As the NPA levels of Indian banks are at multi-year low levels, billionaire banker Uday Kotak believes that most financial institutions now have a clean white shirt after a difficult decade 2009-19. While speaking at the Chasing Growth 2024 Investor Conference organised by Kotak Institutional Equities in Mumbai on Monday, Kotak told investors that the … Read more
As Nifty is ending the record-breaking year 2023 with a handsome upside of 20%, billionaire banker Uday Kotak on Friday warned Dalal Street’s Covid batch of investors of the unpredictability of the stock market, giving the example of Japan. “Many investors have joined post Covid. They have mainly seen upside. While the situation is not … Read more
