Asia's richest banker Uday Kotak sees piling bad loans as once-in-lifetime India opportunity

Asia's richest banker Uday Kotak sees piling bad loans as once-in-lifetime India opportunity

Uday Kotak. Photographer: Simon Dawson/Bloomberg

For India, it’s a $207 billion mess, a pile-up of bad loans years in the making that’s dragging on growth. For the nation’s wealthiest banker, it’s the kind of opportunity that very rarely presents itself.

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