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The sooner bad bank is set up, the better it is for India: Henry Kravis

There are plenty of opportunities in India, said Henry Kravis

BS Reporter 

Henry Kravis, the co-founder of global private equity firm Kohlberg Kravis Roberts & Co (KKR), thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar. Edited excerpts: You have invested $8 billion, or 6 per cent of your global assets under management (AUM) of $132 billion, in India. Since you are bullish on India, how do you see that increasing? Kravis: We are very high on India. I come here once a year, sometimes thrice. We ...

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The sooner bad bank is set up, the better it is for India: Henry Kravis

There are plenty of opportunities in India, said Henry Kravis

There are plenty of opportunities in India, said Henry Kravis Henry Kravis, the co-founder of global private equity firm Kohlberg Kravis Roberts & Co (KKR), thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar. Edited excerpts: You have invested $8 billion, or 6 per cent of your global assets under management (AUM) of $132 billion, in India. Since you are bullish on India, how do you see that increasing? Kravis: We are very high on India. I come here once a year, sometimes thrice. We ... image
Business Standard
177 22

The sooner bad bank is set up, the better it is for India: Henry Kravis

There are plenty of opportunities in India, said Henry Kravis

Henry Kravis, the co-founder of global private equity firm Kohlberg Kravis Roberts & Co (KKR), thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar. Edited excerpts: You have invested $8 billion, or 6 per cent of your global assets under management (AUM) of $132 billion, in India. Since you are bullish on India, how do you see that increasing? Kravis: We are very high on India. I come here once a year, sometimes thrice. We ...

image
Business Standard
177 22