US should be very worried about unintended consequences of its tariff actions: Uday Kotak

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Mumbai: The US could face “unintended consequences" of taking an aggressive stance against the world, Uday Kotak, founder and non-executive director of Kotak Mahindra Bank, said at the Mint Investment Summit and Awards 2025 , where he was awarded the ‘Lifetime Achievement Award’. Kotak also touched upon the challenges facing the banking sector, shift in approach at the leadership level, need for some de-regulation, and how he sees the evolution of his role as non-executive director at the private bank. Edited excerpts: How does the global scenario look considering the events of the past 90 days or so? We have...