Samir Arora, the whiz-kid fund manager with Helios Capital, has staged a dramatic somersault and joined the long list of luminaries who have declared an allergy to micro-finance stocks. We need to stay alert and also bail out of these stocks before it is too late
Posts tagged Parag Jariwala
Micro-Finance Business Is “Organized Usury” With “No Real Future”: Shyam Sekhar
Shyam Sekhar, a leading stock market expert, has issued the spine-chilling warning that micro-finance is “organized usury” against the downtrodden and that Governmental action to curb the practice is imminent. The fact that the MFIs are posting super-normal profits supports the allegation of the loans being extortionate in nature
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