The DFI should play a more developmental role in building greenfield infra projects, which could help achieve the target of Rs 5 trillion.
Deal could mark the entry of corporates into UCBs
Jaspal Bindra, executive chairman of Centrum, had earlier stated that its complete book is funded by term-loans from banks and the firm has not taken and commercial paper money or raised debentures
We started microfinance in January 2018 and are already at Rs 250 crore in book-size, says Jaspal Singh Bindra
Centrum will offer its existing portfolio of wealth management services to the bank's HNI clients