us look into it, we will look into.
What is the long term strategy for L&T Finance?
The vision is to build a comprehensive financial services business. It is not our plan to be a niche player. We will clearly build in a calibrated manner in the context of where we are at a given point of time. There is a method to the way we are executing. We will look at inorganic opportunities that will make our entry to market faster.
Do you think scale will be needed for that and banking license may help?
In financial services, size matters and it helps you to achieve economies of scale and be visible to enable client acquisition. Opportunity to become a bank is to be looked at in the context of building the business, growing it more efficiently and in a sustainable way. As a bank, the scope of the services that you can provide expands and you end up expanding the customer segment you can address. The virtuous cycle will help you grow faster while adding value.