Making Private Education Affordable with Varthana
Paisa Vaisa with Anupam Gupta
00:00
How to Run a Business for Profit
NBFCI has been profitable from the second year onwards, all the years except for the first year after COVID. We've raised equity multiple times and given decent exits to our initial investors as well. The recognition norms for NPA are getting more and more stringent and all. So then you have to carry a lot of provisioning. But what we've seen is a very encouraging trend that schools are coming back on track with their payments.
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Transcript
