India will need another 10 Bajaj Finances, 10 HDFC Banks to realize its potential
Mr. Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv Limited and President of Confederation of Indian Industry (CII) for 2022-23 have advised Reserve Bank of India (RBI) to keep the inflation in check. The RBI has already hiked repo rate by 90 basis points for this fiscal year, it has escalated the interest rate and has bought down the market demand.
Commenting on the current market development, Mr. Sanjiv Bajaj said, “For India to realize its full potential, the country will need another ten Bajaj Finances and ten HDFC Banks”. He also believes the next decade could belong to India despite uncertainty over inflation.
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