Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value

With the recent actions of RBI where they have asked NBFCs to stop business because of charging high rate of interest (among few other reasons) … Isn’t charging such high rate of 20%+ from micro enterprises may also land up NBFCs like UGRO in the same situation.

And in case they will charge less, and cost of fund at such 10% level … ROA will get hit, and accordingly the ROE.

URGO being next Five-Star … seems similar to the story of IDFC First being next HDFC Bank.