Rangarajan Krishnan, CEO of Five Star Business Finance, details the company's expansion playbook when entering new regional state markets across India.
“I think when we put up a branch in any new state, we will at least wait for 24 months. The first 24 months is a learning period for us. No targets.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Rangarajan Krishnan
Insight
Exact cash-flow precision is unnecessary if debt-burden margins are safe
“You are really not worried or, you know, it's not that important to exactly pinpoint with Six Sigma accuracy on what is this cash flow? Is it 25,000 or 26,330 thousand rupees? You know, it doesn't matter. You have to be in the ballpark because then you have en…”
Rangarajan KrishnanMar 6, 2023▶ 30:34Understanding the Trillion-Dollar lending market in India ft. Rangarajan Krishnan
Insight
Borrowers prioritize repaying home loans over consumer goods in downturns
“Anybody who takes a loan has an intention to repay the loan. That intention stays good as long as the times are good. But everybody goes through good and bad times. I think when the times are bad, the same person behaves very differently for different products…”
Rangarajan KrishnanMar 6, 2023▶ 18:08Understanding the Trillion-Dollar lending market in India ft. Rangarajan Krishnan
PredictionNot checkable as stated
Krishnan: Fintechs focus on large cities and will take long to penetrate deeper
“I think fintechs are more focusing on larger cities and tiers and still take a lot of time to penetrate deeper.”
Rangarajan KrishnanMar 6, 2023▶ 31:30Understanding the Trillion-Dollar lending market in India ft. Rangarajan Krishnan
Insight
Lenders only realize their profit in the final EMIs of a loan
“The lender makes his monies only in the last few EMIs. If you have, let's say, a 60 month loan, the first 55 months, if he repays well, you don't make monies. You know, you're getting your principal back, you're, you know, repaying your borrowed monies, you're…”
Rangarajan KrishnanMar 6, 2023▶ 47:39Understanding the Trillion-Dollar lending market in India ft. Rangarajan Krishnan
Insight
Being a startup founder is overly glamorized due to survivorship bias
“I honestly believe that at some level today there is being a founder is too glamorous. I'm not sure if it's good for all. It's good for some, but we see more success stories than multiple failure stories.”
Rangarajan KrishnanMar 6, 2023▶ 55:07Understanding the Trillion-Dollar lending market in India ft. Rangarajan Krishnan
Insight
Preparing for an IPO takes two years, not six months
“You know, one of the common questions that get asked in an IPO is how much time does it take to do an IPO? And the most common answer that you might hear is that it takes anywhere between six to nine months. I think the answer is wrong. It really depends on wh…”
Rangarajan KrishnanMar 6, 2023▶ 4:35Understanding the Trillion-Dollar lending market in India ft. Rangarajan Krishnan
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 300 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.