IPO

Mas Financial Services begins work on Rs1,000 crore IPO

“Because of the regulatory situation for banks, NBFCs are able to leverage and provide financial products to companies and individuals in a way that is easier and more efficient and sometimes cheaper than banks... But the problem also is that there are a huge number of NBFCs. So it is necessary for them to have a focus or niche to attract investor interest in an IPO.”

Harish H.V.
Partner, Grant Thornton India LLP

This article apeared in Live Mint on 29th September, 2016.