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The Big Bank Rush

Hemant Kanoria, Chairman of Srei Infrastructure, wants to become a banker.He is hoping to use the infrastructure created by his company under an e-governance programme to roll out banking services in rural areas.
The project, called, Srei Sahaj, has nearly 26 crore users across six states, availing e-governance, e-commerce and e-learning facilities. Some of these centres also act as banking correspondents
“There is a large market in the rural areas. We already have a strong infrastructure in rural and semi-urban areas through nearly 26,000 common service centres under Srei Sahaj. We will leverage this infrastructure for our banking foray,” says Kanoria.
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