While the parent company is still busy fighting its lawsuit filed by the US Securities and Exchange Commission that has put allegations on the investment bank of withholding information about a financial instrument based on mortgages, the company is still very bullish on its India growth story.

Brooks Entwistle, managing director and chief executive of Goldman Sachs (India) Securities Pvt. Ltd has recently aid that the matter currently going on in the US has no impact on the Indian operations and the growth story still remains intact.

Moreover, the company entered into the India geographies in 2006 after severing its alliance with the Kotak Mahindra bank. Experts believe that the US giant has so far invested a whopping $2 billion (Rs 8,880 crore) in 45 firms and has bullish plans to the figure even up going forward.

It may be noted that the company has applied for a banking license and a primary dealer licence in late 2009 and the process is still mid-way. For the uninitiated, there are only 20 primary dealers in India which leaves a huge gap to be capitalised upon in the domestic market.