The biggest proxy for India's growth story is the banking and financial services and it comes as no surprise that the most conservative banker Uday Kotak of Kotak Mahindra Bank tops the list. From south, the families of Muthoot and Shriram groups make the cut as their non-bank finance businesses continue to thrive in a sector undergoing consolidation.
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Conservative banker Uday Kotak richest in BFSI
The biggest proxy for India's growth story is the banking and financial services and it comes as no surprise that the most conservative banker Uday Kotak of Kotak Mahindra Bank tops the list.
Budget 2023
Budget 2023: Expenditure on govt schemes grows 4%
The expenditure on government schemes are expected to increase by 4.3% to ₹19.4 lakh crore in next fiscal FY24.
Budget 2023: Defence capital outlay enhanced
The government has proposed a budgetary allocation of ₹5.94 lakh crore for the defence ministry.
Budget 2023: Sharp Jump In Capital Outlay For Railways
The enhanced funds are to be deployed in launching new trains and upgradation of existing railway infrastructure.
Budget 2023: Monthly Gross GST Collection On The Rise
The average monthly gross GST collection has increased from ₹0.90 lakh crore in FY18 to ₹1.49 lakh crore in FY23.
Budget 2023
Budget 2023: Expenditure on govt schemes grows 4%
The expenditure on government schemes are expected to increase by 4.3% to ₹19.4 lakh crore in next fiscal FY24.
Budget 2023: Defence capital outlay enhanced
The government has proposed a budgetary allocation of ₹5.94 lakh crore for the defence ministry.
Budget 2023: Sharp Jump In Capital Outlay For Railways
The enhanced funds are to be deployed in launching new trains and upgradation of existing railway infrastructure.
Budget 2023: Monthly Gross GST Collection On The Rise
The average monthly gross GST collection has increased from ₹0.90 lakh crore in FY18 to ₹1.49 lakh crore in FY23.
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