FastSaying

Historically, in India, the strange fact was that the equity owner was not taking as much hit as the lender. Therefore, if we restore the first principle of economics, that first the equity owner needs to take the hit and then the lender, we will get a good solution.

Uday Kotak

EconomicsEquityFactFirstGetGoodHistoricallyHitIndiaMuchNeedsOwnerPrincipleRestoreSolutionStrangeTakeTakingThenThereforeWill

Related Quotes

If companies are able to raise equity from the market, then their problems for financing incomplete projects will come to end. Investment cycle in the capital market can kick-start with the money of savers and investors.
— Uday Kotak
AbleCapitalCome
A weaker currency is a national tariff. After we get a weaker currency, we have to take advantage of that. Or else, we will waste it once more in inflation and in the inability to raise competitiveness.
— Uday Kotak
AdvantageAfterCompetitiveness
It's like Christopher Columbus has finally discovered India.
— Uday Kotak
ChristopherColumbusDiscovered
The single biggest resource India has is people and skill.
— Uday Kotak
BiggestIndiaPeople
What we have to be careful is that if we drop interest rates where the rate of interest is lower than inflation, then savers will not put money in financial savings and move it to gold and real estate, which is bad for India.
— Uday Kotak
BadBe CarefulCareful