Banks will need to scale up technology, hire more and focus on customer and not sales-centric approach to match competition from the 'deep-pocketed tech firms', the Kotak founder said.
Several Indian companies' management had initially opposed lockdowns, which would hurt output and profits. However, the destruction's scale and vaccine shortage forced a shift.
The statement by Kotak on behalf of Confederation of Indian Industry is a shift for the body whose members had in April indicated they were against lockdowns.
A cricket ball that hit Uday Kotak in the head & led to an emergency surgery pushed him to abandon dream of becoming a professional player and get into finance.
The combination would boost its assets to Rs 7 lakh crore and cement Kotak’s position as India’s fourth-largest private bank, closing the gap with Axis Bank Ltd.
Banking sector ripe for significant structural change, market share of India's private sector banks will rise to about 50% over next decade, says Asia's richest banker Uday Kotak.
It’s extremely disturbing that thousands of precious lives are lost on the Mumbai Suburban network every year. Especially since causes and solutions are well-known.
Built as a novel concept to ‘democratise’ e-commerce in India, ONDC has seen limited success in specific pockets. But it’s still an emerging player in a highly competitive market.
Free space optical link is a line-of-sight tech that uses lasers to provide optical bandwidth connections. It paves way for real-time applications in quantum cyber security.
Return to hyphenation is dreaded because our successive govts have laboured for three decades to rid us of what we see as the equivalence big powers used to draw between us and Pakistan. Three things follow.
COMMENTS