16-January-2026
Markets and Finance
 
Urge SEBI to help unlock value of gold, 125% of GDP will be monetised: Kotak AMC's Nilesh Shah
16-Jan-2026

Nilesh Shah of Kotak AMC urged the Securities and Exchange Board of India (SEBI) to work with market participants to find ways to unlock the value of gold lying idle in vaults across the country, roughly 125 percent of the GDP. Speaking at SEBI’s annual Samvad symposium, Shah said that while gold currently offers only a wealth effect, it has the potential to contribute far more meaningfully to the broader economy.

News Source:- https://www.moneycontrol.com/news/business/markets/urge-sebi-to-help-unlock-value-of-gold-125-of-gdp-will-be-monetised-kotak-amc-s-nilesh-shah-13775612.html