Federal Bank plans to buy microfinance company to expand business - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Federal Bank plans to buy microfinance company to expand business

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.

from Industry-Economic Times
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