{
Edelweiss Group

Companies

}
001122334455554433221100
001122334455554433221100

equities and bank deposits are interconnected says edelweiss co-founder rashesh shah

Rashesh Shah, Co-founder of Edelweiss Group, refuted the notion that investing in IPOs detracts from bank deposits, stating that such funds eventually return to the banking system. He emphasized the interconnectedness of financial sectors, noting that household savings in India have reached nearly $1 trillion, making the country less reliant on foreign capital.
Moneycontrol
Edelweiss Group National Stock Exchange OF India Ltd. IND Rashesh Shah
Finance & Economy, Transcript
13:00 23.10.2024

decrease in promoter stakes seen as positive for business governance and growth

Rashesh Shah, Chairman of Edelweiss Group, views the reduction of promoter stakes in Indian companies as a positive trend for business longevity, promoting better governance and institutional ownership. He highlights that high promoter ownership limits broader market participation and emphasizes the growing shift of Indian savings from banks to equities, fostering a more investment-oriented culture.
Moneycontrol
Edelweiss Group IND Rashesh Shah
Finance & Economy, Market Report
09:23 23.10.2024
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