Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
Financial sector regulations must reflect market dynamics, says veteran banker Uday Kotak
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit

Financial sector regulations must reflect market dynamics, says veteran banker Uday Kotak

Press Trust of India • December 7, 2018, 19:45:12 IST
Whatsapp Facebook Twitter

Veteran banker Uday Kotak on Friday called for an integrated regulatory framework as the financial sector moves towards an issuer-investor model from the saver-borrower model.

Advertisement
Subscribe Join Us
Choose
Firstpost on Google
Choose
Firstpost on Google
Financial sector regulations must reflect market dynamics, says veteran banker Uday Kotak

Mumbai: Veteran banker Uday Kotak on Friday called for an integrated regulatory framework as the financial sector moves towards an issuer-investor model from the saver-borrower model. Kotak, the richest private sector banker in the whole of Asia, also noted that the country is at crossroads between the traditional model which was bank-led, and the emerging intermediation space where the issuer and investors are involved and have a larger say. [caption id=“attachment_4303361” align=“alignleft” width=“380”]File photo of Uday Kotak.  Pic courtesy: News 18 File photo of Uday Kotak. Pic courtesy: News 18[/caption] Earlier, he noted, the bulk of intermediation happened through banks–the saver-borrower model, where people saved their monies, put them as deposits and which in turn was lent by banks with all the checks and balances. But today there is a significant transition underway where the saver-borrower model is getting replaced by an issuer-investor model, both in equity as well as in debt markets, Kotak, who heads the fourth largest private sector lender Kotak Mahindra Bank, said. Calling for a similar move on the regulatory front, Kotak said, despite this emerging trend of the issuer-investor model, regulations are still rooted in the older saver-borrower model. “Some of the challenges of the transition between the saver-borrower model to the issuer-investor model are that many entities may be regulated by the format which is normal for the saver-borrower model, but bulk of its liabilities is in the issuer-investor model. “This is particularly so in the case of NBFCs, where regulation is in the traditional regulatory framework, but the bulk of their money comes from markets such as mutual funds, insurers and debt papers,” Kotak told an industry event organised by the industry lobby CII here. “This is an important transition period where the dramatic need for close integration between both these parts is crucial,” he added. He said as the financial sector remains highly leveraged, the role of risk management assumer higher importance. “Multiple levels of risks in a 24x7-digital world are dramatically changing the way the financial sector is governed and the importance of governance is much higher in the financial sector than any in other as the former is highly-leveraged,” Kotak added.

Tags
NewsTracker NBFCs regulation Uday Kotak Financial sector regulatory framework
  • Home
  • Business
  • Financial sector regulations must reflect market dynamics, says veteran banker Uday Kotak
End of Article
Latest News
Find us on YouTube
Subscribe
  • Home
  • Business
  • Financial sector regulations must reflect market dynamics, says veteran banker Uday Kotak
End of Article

Impact Shorts

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai leads India in challan checks, with drivers checking their e-challans over 5 times a month on average. Helmet non-compliance is the most broken rule, accounting for 34.8% of all traffic offences in Chennai. Regular digital challan checks help drivers avoid hefty fines, promote safe driving, and improve insurance premiums.

More Impact Shorts

Top Stories

US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth

US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth

US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'

US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'

China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands

China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands

Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit

Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit

US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth

US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth

US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'

US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'

China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands

China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands

Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit

Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Enjoying the news?

Get the latest stories delivered straight to your inbox.

Subscribe
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV