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Today, the company is following up on its Project Trillium

The first hour was devoted to presentations by four panelists. The second hour was to be a question and answer session. Every question asked, without exception, was framed to express displeasure with the proposal. Bank deposits in India during December 2019stood at an approximate Rs 130 lakh crore.”Even if we manage to reach the size of 50 percent of the banking deposits in the country, the size would be huge. At the moment we are just around Rs 28 lakh crore which is one fourth the size of the banking industry,” Mahalingam said.The industry has grown exponentially in the last 14 years. From AUM of approximately Rs 1 lakh crore, it has touched Rs 28 lakh crore in the last 14 years.

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