- Uday Kotak expects India’s gold imports to reach $88–90 billion in FY27.
- Bitcoin offers a digital alternative but faces volatility and regulatory hurdles.
- Clearer crypto rules and lower volatility could support Bitcoin adoption in India.
Indians have been using gold as a way to preserve their wealth for generations. The metal has always held a special place in Indian households, both as a traditional investment option and a store of value. But now, veteran banker Uday Kotak is raising concerns about the possible rise in gold imports, questioning whether India should rethink its investment strategy. His approach sparks another important question- can Bitcoin replace the metal?
Uday Kotak Raises Concerns Over India’s Rising Gold Imports
According to recent reports, veteran banker Uday Kotak has raised concerns over India’s rising gold imports. At the Confe…
Read The Full Article Uday Kotak Wants India to Rethink Gold: Could Bitcoin Be the Digital Alternative? On Coin Edition.
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