Caution is a virtue for banks

Books of Account
Asia’s Banking CEOs
Peter Hoflich
( http://www.wiley.com/)

Why price-warfare when there is no shortage in demand?

It may seem remote to imagine a bank being started with six employees in an abandoned textile mill in Mumbai. But that’s how the story about Aditya Puri begins, a little more than a decade ago, in a chapter on HDFC Bank, which Peter Hoflich chronicles in Asia’s Banking CEOs: the future of finance in Asia.

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