Kotak MF’s Nilesh Shah warned that India’s capital markets are exposed to HFT manipulation due to regulatory gaps. Comparing India to China, he proposed five urgent reforms—from stronger enforcement to financial literacy—to counter potential threats like Jane Street and protect retail investors from unchecked speculation and systemic manipulation.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,