Former Deutsche Bank CEO Anshu Jain looks to float NBFC in India

Anshu Jain, former co-chief executive of Deutsche Bank AG, is looking to float a non-banking finance company (NBFC) in India, according to three executives familiar with the plans.

On Tuesday, The Economic Times reported that Jain, together with former colleague Bhupinder Singh, was entering the NBFC segment. Bhupinder Singh was Deutsche Bank’s co-head of corporate banking and securities for Asia Pacific and left the bank in 2015.

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