Uday Kotak flagged structural flaws in Indian markets — warning against excessive money power, distorted liquidity, and volume-driven business models. Kotak’s remarks come as Sebi details how Jane Street allegedly gamed index expiry trades to book massive profits, raising fresh questions about fairness and transparency in derivatives trading.
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew