They should not do it since they will violate one of the immutable laws of branding. Rather, they should spin off Aasirvad Microfinance which will accord higher valuation. As a result, the parent company will also get re-rated.
Why are they unable to grow their gold loan book needs to be seen closely. If they are purely a microfinance institution as a group, why not take our bets elsewhere?
Subscribe To Our Free Newsletter |