https://www.reuters.com/business/finance/indias-iifl-finance-facing-liquidity-crunch-after-gold-loan-business-curbs-2024-05-06/
This seems like an obvious consequence. Makes my decision to exit after the second LC, seem right in hindsight. Yet, it seems too early to conclude. I’m curious to know any contrarian views esp. from those who bought in March.
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