He defines his experience in investing in India as `exciting,' but adds that it is, "never a smooth sailing. If there is a possibility of the bureaucrat saying no, the answer will be `No.'" An original allottee of nine million shares of HDFC Bank before its listing, Mr Sat Pal Khattar, Chairman, Khattar Holdings Pvt Ltd, Singapore, in an interview to Business Line, said that there "has been
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