Uday Kotak bats for allowing Indian savings into long-term risk capital

“If you look at India’s saving rate, it’s been declining in the recent times but it remains pretty high,” he said. “What is happening is bulk of the Indian savings traditionally in India have been risk averse. The amount of money gone into equity risk has been relatively lower.”

source https://economictimes.indiatimes.com/industry/banking/finance/uday-kotak-bats-for-allowing-indian-savings-into-long-term-risk-capital/articleshow/81428406.cms