Confident of recovering over 50% of IL&FS' dues: Uday Kotak
- He said the biggest challenge in the IL&FS resolution was the distribution mechanism, which has been overcome after the SC judgement in Essar Steel case
- 'India is in massive Darwinian mode of what I call as the survival of the fittest,' the MD&CEO of Kotak Mahindra Bank said about India's current financial system
Mumbai: Noted banker Uday Kotak on Tuesday said the country's financial system is currently in a Darwinian mode as only the fittest lenders are able to survive.
Select your Category
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more