ADVERTISEMENT
India Needs Two-Three New Banks Every Two Years For A Decade: Sanjiv Bajaj
Sanjiv Bajaj on attrition in mortgage loans, NPAs, NBFC regulation and bank licences.
10 Feb 2021, 07:58 AM IST
Those are hardly surprisingly words from Sanjiv Bajaj, as he joins a chorus of business and policy leaders who say India needs more banks, many more. At one time Bajaj, who leads one of India’s largest non-banking finance companies, was keen on a licence but the regulatory dice were loaded against business houses getting a bank licence. Now, one discussion paper proposes business houses be allowed to apply for licences, but Bajaj is ...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT