Wednesday, 17 April 2013
Banking Vs I-Banking: A Question of Spice Levels
Posted on 00:29 by Unknown
Uday Kotak in Outlook Business (emphasis mine):
From an investment banking perspective you need to offer what investors
want at all times, but as a lender you need to decide if it makes sense
for you. For example, in 2007-08, there was exuberance around the Indian
infrastructure story — the media believed it, the policy makers
believed it, investors wanted it, so we brought some of these
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