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Sachin Bansal says India needs modern banks

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september 27, 2022

[/fusion_title][fusion_separator style_type=”single solid” top_margin=”0″ bottom_margin=”30px” sep_color=”var(–awb-color4)” border_size=”3px” width=”200px” alignment=”left” /][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” content_alignment_medium=”” content_alignment_small=”” content_alignment=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”” line_height=”” letter_spacing=”” text_transform=”none” text_color=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]Four months after the Reserve Bank of India turned down his application for a banking licence, Navi cofounder Sachin Bansal told us in an interview that India cannot become an advanced economy on the back of traditional banks, and that modern ones are needed to help the country reach its full potential.

Need modern banks to build advanced economy: Sachin Bansal

Bansal said that the country needs more modern banks if it is to build an advanced economy, as a handful of traditional banks can’t do that. He added that most people in the government and RBI would agree that there is a case for modern banks in India now.

To Read More: https://economictimes.indiatimes.com/tech/newsletters/morning-dispatch/sachin-bansal-says-india-needs-modern-banks-exodus-continues-at-tesla-india/articleshow/94137637.cms?from=mdr/[/fusion_text][fusion_separator style_type=”none” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” top_margin=”5″ alignment=”center” /][fusion_separator style_type=”none” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” top_margin=”20″ alignment=”center” /][/fusion_builder_column][fusion_builder_column type=”1_5″ layout=”1_5″ last=”true” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” border_position=”all” animation_speed=”0.1″ border_sizes_top=”0px” border_sizes_bottom=”0px” border_sizes_left=”0px” border_sizes_right=”0px” first=”false” spacing_left=”2%” min_height=”” link=”” background_blend_mode=”overlay”][fusion_separator style_type=”none” /][/fusion_builder_column][fusion_builder_column type=”1_4″ layout=”1_5″ last=”true” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” border_position=”all” animation_speed=”0.1″ border_sizes_top=”0px” border_sizes_bottom=”0px” border_sizes_left=”0px” border_sizes_right=”0px” first=”true” spacing_left=”2%” min_height=”” link=”” background_blend_mode=”overlay”][fusion_separator style_type=”none” /][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_aspect_ratio=”16:9″ video_mute=”yes” video_loop=”yes” fade=”no” border_style=”solid” padding_top=”30px” padding_bottom=”150px” hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” border_sizes_top=”0px” border_sizes_bottom=”0px” border_sizes_left=”0px” border_sizes_right=”0px” type=”flex”][fusion_builder_row][fusion_builder_column type=”1_5″ layout=”1_5″ last=”true” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” border_position=”all” animation_speed=”0.1″ border_sizes_top=”0px” border_sizes_bottom=”0px” border_sizes_left=”0px” border_sizes_right=”0px” first=”true” spacing_right=”2%” min_height=”” link=”” background_blend_mode=”overlay”][fusion_separator style_type=”none” /][/fusion_builder_column][fusion_builder_column type=”3_5″ layout=”3_5″ last=”false” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” border_position=”all” animation_speed=”0.1″ border_sizes_top=”0px” border_sizes_bottom=”0px” border_sizes_left=”0px” border_sizes_right=”0px” first=”true” spacing_right=”2%” spacing_left=”2%” min_height=”” link=”” background_blend_mode=”overlay”][fusion_sharing tagline=”Share This Post” icons_boxed_radius=”4px” /][/fusion_builder_column][fusion_builder_column type=”1_5″ layout=”1_5″ last=”true” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” border_position=”all” animation_speed=”0.1″ border_sizes_top=”0px” border_sizes_bottom=”0px” border_sizes_left=”0px” border_sizes_right=”0px” first=”false” spacing_left=”2%” min_height=”” link=”” background_blend_mode=”overlay”][fusion_separator style_type=”none” /][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

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