Federal Bank MD & CEO Shyam Srinivasan has said that the private bank sees an opportunity to grow both organically and through acquisition. The bank is interested in acquiring a microfinance business as part of its focus on growing the retail high-margin category.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/federal-bank-plans-to-buy-microfin-co-to-expand-biz/articleshow/81582146.cms
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