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Money Majlis

Ep 27. Is money rational or emotional? A debate with Ashok Vaswani

Mar 14, 2025
49:13

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In this episode, Ashok Vaswani, international banking veteran and CEO & MD of Kotak Mahindra Bank, explains why he believes money is more emotional than rational, how Indian banking is racing ahead and how his bank is transforming for scale to claim a space among the top 3 private lenders in India. 

What is the new “finternet”? Why is the Indian technology stack being exported overseas? Where do Indian bankers get their new confidence from? Is it the end of the road for multinational retail banks? And what is the next new wow for Indian banking customers? 

Vaswani and Sarkar discuss the growth of financial inclusion, the decline of foreign bank market shares and the challenge of breaking silos in banking organizations. 

Vaswani also talks about his transition to the Indian work ethic, his leadership style, his passion for education and his mother’s influence on his life. 

Please visit give.moneymajlis.com to get your free Money Majlis GiveCard that you can redeem to contribute to a charity of your choice. Join my giving movement today. 

Research partner : Shekhar Krishnamurthy 

Production : Poddster 

Giving partner : Goodworld

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