is a diversified NBFC in gold loans, home finance, and microfinance. It focuses on granular retail assets with moderate ticket sizes. Co‑lending partnerships and branch distribution aid growth. Risks include asset‑quality cycles in affordable housing/MFI and regulatory scrutiny.

#WatchOutFor#Miscellaneous#EquityResearch#FundamentalViews#TechnicalViews

1,134 likes·64 comments