Kotak says Indian exchanges should diversify beyond trading revenue
In short
Kotak said Indian stock exchanges should not rely only on trading fees. The report says global exchanges make steady money from technology and data services, and Indian operators could do the same.
What the reporting says
Kotak said Indian exchanges need to diversify revenue beyond trading for their next growth phase. The reporting points to global exchanges that have built recurring income from technology and data services, suggesting a path for Indian market operators. The immediate implication is strategic pressure on exchanges, though no specific exchange or financial target is named.
Why it matters
Kotak said Indian exchanges need to diversify revenue beyond trading for their next growth phase.