Regulators need not be too conservative, should respond fast to 'accidents' in financial sector: Uday Kotak

Uday Kotak, Founder Director of Kotak Mahindra Bank, advocates for regulators to respond swiftly to financial sector "accidents" rather than being overly conservative. Speaking at an AIMA event, he emphasizes the need for good regulations to facilitate growth, acknowledging that some accidents may occur but highlighting the importance of prompt correction.
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