Ankit, thanks for sharing info in such a detailed way. I went through the last 2 con calls, felt good that promoter knows in out of the business very well and they took the pain to explain in detail about the process.
In Q2 con call, they mentioned that, they are trying to venture into the HFC and they hired some industry veteran to address this. Do you have any further info on that? Is MFI allowed to disperse HFC loan? I was wondering why they want to go into the market which is flooded with many institutions.
off topic: attached Religare MFI sector report. Might be helpful.India Microfinance – Sector Report 19Aug15.pdf (3.0 MB)
Disc: No investment. tracking
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