'Nation of investors can't depend on stocks alone'

Uday Kotak outlines recommendations for India's economic transformation, emphasizing the shift from savers to investors. He suggests that banks should become distributors of corporate debt and expand their reach to mid-sized corporates, MSMEs, and consumers. Kotak highlights the growing interest of Indian savers in investing, facilitated by various platforms such as mutual funds, equities, and insurance funds. He also warns of the need to protect new investors from market bubbles and advocates for tax reforms. Via Times of India https://ift.tt/DKzBaJi