Axis Bank evaluating the acquisition route to scale up microfinance business

Axis Bank managing director and chief executive Amitabh Chaudhry said the bank has studied the market but has not found a perfect match yet. "We are evaluating opportunities all the time," he said, adding that the microfinance firms, which are doing well and can be a good fit, are mostly overvalued. "Nothing is on the cards at present."

from Banking/Finance-Industry-Economic Times https://ift.tt/2PNagvF