the president it is on the verge of missing the revolution on becoming a hub for lowcost manufacturing this is the last opportunity and we cannot afford to spoil it we have to spend a large part of natural resources on both social and physical infrastructure we have to unleash the potential of indian entrepreneurial spirits the fm had said in over rs 1000 crore in investment from private equity investors with the objective of transforming the bank into a modern panindian lender has several challenges preparatory work for the next budget will be a difficult task said former rbi governor bimal jalan rising bad loans pose a risk to the economy and the new finance minister will have to take steps to restore confidence in the banking system in jaitley we have an extremely capable and wonderful choice the finance ministry deserves a single charge it will be quite critical for a person as capable and as virtuous as arun jaitley to manage two ministries said hsbc india chief naina lal kidwai