Quotes of the month

“We believe financial services, run well in India, could grow at 1.5 to 2 times nominal GDP, which takes you to between 16% and 20% plus”

Uday Kotak, founder and chief executive of Kotak Mahindra, says that India is going to go through a structural transformation in the next three to five years

“Just being one of the biggest banks does not make us one of the strongest. We cannot expect to be world class in everything, but we do have specific targets in areas that will make us the best in terms of quality”

Sun Yu, executive vice-president of the Bank of China, is looking for high-quality targeted growth

“Of course, alpha is a tough game.