Fixing asset liability management (ALM) is core to sustainability in financial structure, says Uday Kotak, MD and CEO, Kotak Mahindra Bank

"For most of us who live in the financial sector, asset liability is the core to the sustainability and from a structural point of view and a policy point of view, we need to fix mismatch in the ALM," Kotak said.

The financial sector has grown beyond banking, into mutual funds, NBFCs, insurance and others, need for a holistic view on the financial sector is more essential today than ever before, he said.