Need to increase per capita income to make India 3rd largest economy: Bandhan Bank MD

Speaking at an event organised by CII, Bandhan Bank MD Chandra Shekhar Ghosh said, to make India third largest economy in the world or to achieve $5 trillion size, per capita income has to increase. "We need to focus on per capita income improvement so that people have higher income and therefore spending would increase. So that should be the main focus," he said. Ghosh said financial inclusion and access to institutional credit play an important role in improvement of per capital income.