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India's largest non-bank is a prisoner of its own growth
Manage episode 443287977 series 3423246
Phone calls from Bajaj Finance offering loans are almost inescapable and the non-bank has been facing quite a backlash for it.
But telecalling has been an enduring sales channel for the company which boasts of a loan book worth nearly $30 billion. And despite the massive size of its loan book, it’s been growing at a phenomenal rate.
But now, Bajaj Finance has become a prisoner of its own growth rate. It has to maintain it anyhow.
Tune in
Don't forget to send us your recommendation for this Thursday’s Unwind segment. The theme is “your favourite murder mystery.” Send them to us on WhatsApp as a voice note or as a text message. The number is +9189711-08379.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
329 episod
Manage episode 443287977 series 3423246
Phone calls from Bajaj Finance offering loans are almost inescapable and the non-bank has been facing quite a backlash for it.
But telecalling has been an enduring sales channel for the company which boasts of a loan book worth nearly $30 billion. And despite the massive size of its loan book, it’s been growing at a phenomenal rate.
But now, Bajaj Finance has become a prisoner of its own growth rate. It has to maintain it anyhow.
Tune in
Don't forget to send us your recommendation for this Thursday’s Unwind segment. The theme is “your favourite murder mystery.” Send them to us on WhatsApp as a voice note or as a text message. The number is +9189711-08379.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
329 episod
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