- Vasudevan PN said he will continue for the whole of his remaining 8 yr tenure. 3 of which have been approved by RBI.
- Will apply for universal banking when RBI opens that window.
- WIll launch Personal loans this FY and Credit cards in next FY. (will take time to build up) (This will not sacrifice the 18-20% unsecured loan book)
- Should sustain growth of 25-30% for this year and some financial years to follow.
Even the management might be looking at equitas holding thread to be renamed to Equitas SFB on Valuepickr.
Disclosure: Makes around 35% + of my investments
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