Uday Kotak Quotes

The financial sector is vital to the economy. A well-functioning financial sector promotes job creation, innovation, and inclusive economic growth.

My belief is India's banking industry will continue to grow at two and a half times the GDP growth rate.

Great prosperity is coming. It will be tremendously increased if we can extend reasonable credit to our customers.... To maintain our prosperity we must finance it.

I think India's growth itself will give opportunities for Indian banks to become substantially bigger.

I don't think that the financial services industry and that banking in particular are any different than any other part of the economy, any other industry outside banking.

Until you separate the speculative behaviour of the financial sector from the real economy and the financing of the real economy, then we are not going to see the kind of stability or the capacity to drive genuine, income-led growth as opposed to debt-fuelled, speculative behaviour.

Banks properly established and conducted are highly useful to the business of the country, and will doubtless continue to exist in the States so long as they conform to their laws and are found to be safe and beneficial.

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.

Our financial services and insurance cluster is one of Delaware's key economic drivers in the state.

Mexico has very solid financial institutions, with good levels of capitalism, but they’re not lending much.

You can't grow unless your banking system is expanding and you are extending credit.

The Greek economy is improving, which should benefit the banking sector.

If you really think about the fabric of the United States, or the finance of any economy, finance is a true underpinning of what makes the economy great - if it can be done successfully, responsibly, and with a client orientation.

In order to help small businesses gain access to the credit and capital they need to run their business successfully, Congress must adopt policies that support functional capital markets without imposing undue restrictions on providers of debt and equity capital.

To prosper and advance, the American business sector is going to need a financial system oriented toward business, not 'home ownership.'

The attitude of the people proves that not only do we want to, but that we can succeed in pulling our country out of the difficult position it finds itself in. The banking system of our country will survive and grow.

Being able to save, make non-cash payments, send or receive remittances, get credit, or get insurance can be instrumental in raising living standards and helping businesses prosper. It helps people to invest more in education or health care.

I want Britain to be the home of successful competitive and stable financial services.

Narrow banks could restart effective intermediation and ensure that consumers and employment-creating small and medium-size enterprises are adequately financed and can contribute to the reactivation of the economy.

A good default, like Portugal or Greece, would be very good for the private equity business.

But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level.

A Central Bank official said that Q-coin did not affect the renminbi; it adds vibrancy to the economy.

North Carolina is home to some of the largest financial institutions in the country, and a vibrant network of community banks. We're a banking state, and we're proud of that distinction. But we also understand that responsible financial regulation protects consumers and businesses.

It appears that Wall Street is not acting as a force for economic expansion, providing access to capital for companies that make things. Rather, it seems, Wall Street is using government bailouts to lever up.

You can't fuel real economic growth with indiscriminate credit. You can only fuel it with well-allocated, long-term investment.