Nayar will focus on strengthening relationships and refining strategy as the firm looks to scale up activity in the country
‘Indian equities compound better than any other emerging market in most developed economies that I have tracked in my 30 plus year career,’ McVey said
With RBI governor Raghuram Rajan talking about a bigger role for foreign banks, experts feel his condition on reciprocity may be a huge hurdle. They don't think the discussion should just be limited to these banks taking over smaller Indian banks.
In banking, India does not require new banks. But existing banks need to be bigger, well-capitalized and reaching out to the Indian population at large rather than adding another four-five small banks that doesn't make any sense.
Sanjay Nayar, Country Head of KKR India believes rate cuts from the RBI will help sentiments going forward. Most businesses in India have done well in the last two to three years in refinancing debt and improving EBITDA, added Nayar.
The Indian economy has been witnessing sub-7% GDP growth for a year now. Sanjay Nayar, chief executive officer and country head, KKR India feels, given the structural and cyclical issues facing our economy, investors should get used to 6-7% growth rate.
This week, India announced a complete makeover of its takeover rules. SEBI has accepted most of the recommendations made by the Takeover Regulations Advisory Committee (TRAC) last year.
Sanjay Nayar, CEO and country head of KKR India, in an exclusive interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, gave his perspective on how promoters are positioned with their need to care for capital.