We are now comparing ourselves with banks and NBFCs. Fintech sounds a little less serious: Sachin Bansal

  • We are thinking long term, even Flipkart I never wanted to sell, I never imagined I would not be in Flipkart.
  • We are now comparing ourselves with banks and NBFCs. That’s why I don’t call ourselves a fintech company. That is why we describe ourselves as a financial services company that happens to be good in technology. I don’t like the word fintech, lot of fintech don’t have their own books.
  • Fintech sounds a little less serious.
  • I think at Navi we are very new, still early but very excited if we are given the opportunity to build a bank by RBI. We will do a tremendous job, of building something completely new that the world has never seen. – Sachin Bansal.

[Via]

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