The company has grown the loan book very, very aggressively from 50,000 Rs to 2150 Crore Rs, over past 25 years, roughly CAGR of 60%.
Importantly, past the 2011 M.F.I. hump, company has returned to same growth!
In North India the competition is relatively benign in Mirco Finance sector.
The key risks I.M.H.O are political. This may be a good trading bet.
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