Mumbai, March 31 -- 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:

We have seen the change happen in the US. We have seen it play out for the last two months and we will see some announcements on 2 April. First of all, India seems to be able to navigate the change and I hope re...