Mumbai, March 29 -- Focus on "short-termism" at the leadership level is a worrisome trend in the financial services sector, according to Uday Kotak, founder and non-executive director, Kotak Mahindra Bank.

"What I'm beginning to find in the banking sector is much more short-termism. But what the banking sector truly requires is a mindset of continuity and perpetuity, and here I think the challenge also is that the leadership must have a sense of long -termism," said Kotak at the Mint India Investment Summit and Awards 2025 in Mumbai on Saturday.

This shift in approach is beginning to become a challenge for several banks owing to an increased focus on short-term performance and the shape of their balance sheets at the end of the fiscal y...