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BS BFSI Summit: SFBs should look beyond universal licence, says R Gandhi

Ex-RBI deputy governor says they must become financial conglomerates

Small Finance Banks | BFSI | RBI

Subrata Panda  |  Mumbai 

R Gandhi
R Gandhi, former deputy governor of Reserve Bank of India (RBI)

(SFBs) should aim to grow into financial conglomerates based on their experience, instead of becoming universal banks, as there is huge scope for these entities to serve the same clientele in terms of investment and insurance offering, said R Gandhi, former deputy governor of Reserve Bank of India (RBI).



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First Published: Wed, October 27 2021. 23:36 IST