New RBI draft norms to curb mis-selling of financial products are poised to impact private sector banks more significantly due to their higher reliance on insurance income. These banks have seen a notable increase in insurance income’s share of their ‘other income’ over recent years, a trend less pronounced in public sector banks.
Uday Kotak questions SpaceX valuation, says only time will tell if we’re in ‘mega bubble’
Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks
June 13, 2026