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Saver turns investor: Uday Kotak as Indians' financial assets rebalance
short by Pragya Swastik / on Wednesday, 18 September, 2024
Banker Uday Kotak shared an infographic on X showing how Indians are turning away from traditional saving methods like deposits towards options like equities and mutual funds. "Saver turns investor in a rebalance of household financial assets," the billionaire said. "Bank deposits move from 53% to 42% between 2020 and 2024...Future is a holistic approach to financial service," he added.
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