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.

Asian Private Banker    May 7, 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.

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