Value investor- India mid & small caps

Bhaskar Chakraborty

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

<p>Indian micro finance(MFI)/Small Finance Banks (SFB) players are making a comeback after the vulnerability exposed by the demonetization in Nov-16. A number of MFI players are tapping the public markets. The opportunity size is huge given the very limited presence of large private and public sector banks in remote rural areas in the country. However, the challenges in creating a viable business are stiff and global experience doesn't generate enough comfort.</p>

Indian micro finance(MFI)/Small Finance Banks (SFB) players are making a comeback after the vulnerability exposed by the demonetization in Nov-16. A number of MFI players are tapping the public markets. The opportunity size is huge given the very limited presence of large private and public sector banks in remote rural areas in the country. However, the challenges in creating a viable business are stiff and global experience doesn't generate enough comfort.

AU Small Finance Bank Limited (AUBANK IN)

India Micro Finance/SFB: Global Experience Shows Challenges in Establishing Viability