Krishnan: Lending companies cannot simply walk away and close underperforming branches
Rangarajan Krishnan · Understanding the Trillion-Dollar lending market in India ft. Rangarajan Krishnan · Mar 6, 2023 · at 35:47
Rangarajan Krishnan, CEO of Five Star Business Finance, discusses operational realities and why poor-performing lending branches must be merged rather than closed.
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“So, unfortunately, in lending, you can't close the branch because you have lent monies, right? You may stop doing new business. But if it's a mess, you don't have the choice of walking over, right? You have to make sure that you are cleaning the mess.”
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