Uday Kotak Lists India's Priorities
  • WebDesk BTVI
  • Aug 06 2019

Kotak Mahindra Bank founder and CEO Uday Kotak said India needs free, fair and well-regulated markets. Delivering the 25th Lalit Doshi memorial lecture, he said India has lived through significant current account deficit (CAD), and CAD makes a country dependent on foreign capital for financing growth. While he welcomed foreign capital, he highlighted the need to simultaneously develop a domestic savings base. Here's more.