For me, the real thing is make, serve and list in India. Which means we need manufacturing, we need services, and we need financial markets.
From Uday Kotak
A lot of our fiscal deficit went to fund consumption and really did not get used to build investment and infrastructure. The trouble is, you can get a spurt in GDP growth, which may not be sustainable. I would much rather build the gradient of a long-term marathon.
I keep wondering at night, 'Will I have a bank the next morning, or will some technology company be doing banking without needing a bank?'
As long as there is cash, and the economy is running, all is well. But as a bank, we'll have to test, experiment, try a hundred different things. A few may work, a few may fail, but we have to experiment and try.
There's no harm being a copycat. If someone else is doing a good job, copy. It's free.
The trouble with opportunity is, it never announces when it comes. It's only after it's gone, you'd realize that you missed it.
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