‘$3 trillion gold idle in India’: Zerodha CEO Nithin Kamath talks on untapped financing prospect; Nifty 500 and gold returns compared
Nithin Kamath (File photo) Nithin Kamath, co-founder and CEO of Zerodha, talked about the persisting the gap between Indian households’ gold wealth and the equity funding needs of Indian businesses. According to World Gold Council data, Indian households hold gold worth approximately $3 trillion, much of which remains idle in storage, offering minimal contribution to…