ICICI Bank, he added, has operations in 18 countries. Except for the United Kingdom and Canada, the laws of the other 16 countries laws are not very liberal for outsiders.
And even as New Delhi does not seem to be showing much confidence in the robustness of the Indian economy and its future growth prospects, a confident Kamath pitched for India in New York.
Image: (From Left) Raul Rai, Managing Director, General Atlantic; Jignesh Shah, Chairman, Financial Technologies India Ltd; Henny Sender of the Financial Times (moderator); Tim Massad, Partner, Cravath, Swaine & Moore LLP; Rajiv B Lall, CEO, IDFC Ltd; and Tarun Jotwani, CEO, Lehman Brothers, at the Asia Society event.
Also read: 30 tax-smart ways to plan your salary package
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