there is nothing new under the sun, lending is process from ancient time… The only good thing they do is to keep liabilty/ assest in check and grow their aum, profit would automativly come…what has idfc done to triple its value compare to other bank in last 15 month… nothing special… ugro is not in business to devlop new vaccine, create new ai, but the bussiness which has created wealth all over the would has been mostly lending the money, feeding the people and catering to basinc requirement. Real investment is boring
Disc: invested
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