Borrow at 9%, Lend at 8.5%’: Uday Kotak Predicts Banking Crisis Ahead

Unknown Apr 02, 2026 1,050 Views

India’s richest banker, Uday Kotak, has issued a stark warning about the sustainability of the current banking model. In a recent post, Kotak highlighted a troubling paradox: banks are borrowing deposits at nearly 9% while lending at just 8.5%, creating a negative margin of -0.5%. This inve...