
Fedbank Financial’s Anil Kothuri on IPO, gold loan, RBI regulation on NBFCs
The ₹1,092 crore IPO of Fedbank Financial Services will open for subscription on November 22.
The ₹1,092 crore IPO of Fedbank Financial Services will open for subscription on November 22.
Gold loan companies are auctioning the pledged gold more and more, indicating dire financial conditions of households and small businesses, despite GDP growth.
India’s household assets are on the decline, inequality in both income and wealth is rising and nearly half of rural households are relying on low-paying manual labour for sustenance.
Prolonged cheap credit regime has led to a clear liquidity trap and irrational stock market boom, both of which are bad for the economy.