In an interaction with the New Indian Express, Chakravarti said he does not see JFSL's entry into the loan business as competition, instead sees it as an opportunity for partnership.
"I wouldn't call it competition because segmentwise it is different. The advantage today is that everybody is growing. You don't see any NBFC that is not growing. The requirement of credit is so much that at different levels, there is room for a lot more lenders," he says. Chakravarti says he has always advocated that banks, NBFCs and fintechs should work together as partners rather than competitors.
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A FOOLPROOF RECORD OF 100%
This headmistress, who has a track record of full-pass in all her classes for the past 17 years, was instrumental in the infrastructure development of multiple government schools, which helped in improving enrolment
