The boom in the Indian economy has benefited several financial services firms during the past few years. Among them is Kotak Mahindra, a major Indian investment bank, which has expanded its operations rapidly. As the Indian and global economies slow down, however, Kotak Mahindra is modifying its growth strategy, notes Ravilochan Pola, CEO of the U.S. operations of Kotak Mahindra. India Knowledge@Wharton spoke with Pola about market opportunities and risks during the recent Global Partnership Summit organized in Washington, D.C., by the U.S. India Business Council. Business and political leaders from both countries participated in the event, which also marked the U.S. IBC's 33rd anniversary.
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