India’s wealth dilemma: Who grinds, who inherits and who squanders
When Rajmohan Krishnan picked up his first paycheque in 1993, India was a different place. A liberal-minded premier, PV Narasimha Rao, was reforming a fragile economy. The country’s first private lender, IndusInd Bank, wouldn’t open for business for another 12 months. Anyone with wealth and ambition moved to Hong Kong, London or New York.
StartupTalky March 18, 2026
When Rajmohan Krishnan picked up his first paycheque in 1993, India was a different place. A liberal-minded premier, PV Narasimha Rao, was reforming a fragile economy. The country’s first private lender, IndusInd Bank, wouldn’t open for business for another 12 months. Anyone with wealth and ambition moved to Hong Kong, London or New York.
