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NBFCs to Benefit from Banking Correspondent Role: Manappuram

PUBLISHED ON: June 25, 2014 | Duration: 5 min, 13 sec

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I Unnikrishnan, managing director at Manappuram Finance says the Reserve Bank's decision to allow non-deposit taking non-banking finance corporation to become banking correspondents will help increase their customer portfolio. It will lead to more cross selling opportunities for NBFCs, he added.
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