Smaller India banks flex muscles on Wall Street woes
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Smaller India banks flex muscles on Wall Street woes

18 Feb, 2021, 07:32 IST | Mumbai, India

When Warburg Pincus sold a $150 million stake in Kotak Mahindra Bank last month, the U.S. buyout firm skipped past established investment banks such as Goldman Sachs and Morgan Stanley and chose a local house instead to handle the deal.