Until about ten years back, I used to spend a decent chunk of my time as a doctoral student, and later as a professor, working with an Indian NGO, focused on pre-primary and primary education. This activity had become my umbilical cord to India.
•  Soon after, leading investment banks such as Morgan Stanley and Goldman Sachs converted themselves into bank holding companies. Investment banking in India: current regulatory framework •  The term investment bank is not legally defined in India, and no entities are registered as such with SEBI.