My view is that at a certain age – and we can debate whether that age is 70-72 or 75 – members need to step off boards. As per the banking guidelines, that age for the director on a board today is 70. Uday Kotak Read Quote
Our entire approach to the banking and financial services business is risk-adjusted returns. We believe that in most parts of the world, and including pockets in India, banking tends to mis-price risk. Uday Kotak Read Quote
In equities, you price the risk. As far as debt is concerned, if the markets get more sophisticated where, for the levels of risks that you take, you get the debt returns, we will certainly look at it. It’s back to a philosophy of risk-adjusted returns. Uday Kotak Read Quote
My view is the core engine supporting India’s growth aspiration will be the financial sector, which will have to get more efficient. Uday Kotak Read Quote
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. Uday Kotak Read Quote
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. Uday Kotak Read Quote
If you look at the history of large financial institutions, most of them have succeeded because of a deep presence in their home market. Uday Kotak Read Quote
We encounter very healthy boardroom debates and pretty diverse views, so we have always had the benefit of diversity of opinion and expression before we take some important calls. Uday Kotak Read Quote
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. Uday Kotak Read Quote
