We do have banking ambitions, says Incred Group's Bhupinder Singh

The Incred Group has been in the headlines for its merger with KKR India Financial Services, and it has also been on an acquisition spree. Former Deutsche Bank’s co-chief executive Anshu Jain is a backer; and others include Investcorp, Paragon Partners, Elevar Equity and Manipal Group chief Ranjan Pai. BHUPINDER SINGH, the shadow banking entity’s founder and chief executive officer, spoke to Raghu Mohan. Edited excerpts:

You have been acquisitive of late with Qbera, Vishuddha, and the MAPE Advisory Group. What are your plans on the inorganic and organic front?

The InCred Group comprises two distinct businesses — InCred Finance