Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term. Edited Excerpts:
What's holding India back and where do economic reforms need to kick in harder?
You have a stock market but don't have a long term bond market. Then you are putting all the onus on the banks to be

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