The concern now though is that their Gold Loans business is still not growing. All this growth is based on segments which are riskier than the easy cash making Gold Loan segments. I understand that that was the strategy but then the risks involved have completely changed now, haven’t they?
MFI is heavily linked to the economic cycle. HF and VF have collateral liquidity risk. A question did arise to me, has the company become more fragile from diversification rather than stronger?
Would love hear y’all’s opinions on this
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