India is always a drama: Edelweiss Chairman Rashesh Shah

You have to take the profit and invest it back in the business, building scale in capability and competency, says Shah

From a small office in downtown Mumbai to an imposing steel-and-glass building overlooking the city’s Bandra-Kurla Complex financial hub, Rashesh Shah, 55, has come a long way. Shah, armed with an MBA from India’s top business school and expertise gleaned from his time at one of the nation’s largest banks, partnered with a colleague in 1995 to set up Edelweiss Financial Services.

Named after the Alpine flower that grows in harsh terrain, the firm took root in the stock market and blossomed into a $1 billion group built around credit, insurance, and wealth management. But it’s Edelweiss’s status as India’s