Uday Kotak says time has come for consolidation in NBFCs, expects a significant 'shakeout'
- 5 years ago
In an exclusive interview to CNBC-TV18, Kotak said the time has come for consolidation in the non-banking financial companies (NBFCs) and he expects a significant shake-out in the sector. On banking sector, Kotak said, India need a long-term solution to public sector banking in the country.