'Be Long term Greedy'
Building a stable and sustainable organisation requires a very long term outlook and focus on the bigger picture.
When we started Edelweiss in 1996, we never thought where or how big we would be 21 years later. The only thought at the time was to thrive on the wave of privatisation (which was sweeping through not just Indian economy in general but specifically through the financial services space) by creating an organisation that was built on the ethos of quality, culture and strong risk management.
Initial Setbacks, Lessons for Life: When Venkat (my co founder) and I started out, we were clear that we had to have capital of `1 crore to start with, primarily because that was the net worth requirement for a category one merchant banker licence. We scraped through
