“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”
“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. But at the same time GIC affords our alpha teams some advantages: the time horizon, the size, the connections that we have with the investee community. I hope they feel like it is fair game that they have to deliver that”
Lim Chow Kiat, chief executive of Singapore’s GIC, has tough but fair expectations of his team