Missed opportunity

J&K Bank is one of India's most profitable banks and no one knows this better than Chief Minister Omar Abdullah. Inaugurating the bank's plush new building in Mumbai's Bandra-Kurla Complex, he said he regretted not buying more shares in the bank when it was listed on the markets and then holding on to them. "I would have been a much wealthier person if I had done that. Instead, I invested for the bare minimum quantity and sold them very soon," he told reporters. The bank, which ironically derives most of its business from the state, was listed 15 years ago and its share price has risen 30 times since then.