Business Today

Riding The Consumer Boom

Indiabulls Ventures has made the most of the opportunities in consumer finance.

Sameer Gehlaut, Chairman of Indiabulls Group, has been a risk taker. After his foray into stock broking in 2000, Gehlaut has ventured into uncertain waters be it real estate, housing finance or the power business. It was, therefore, not surprising when he took a call to enter the consumer finance space. Some 18 months ago, Gehlaut chose to dabble in the unsecured lending business by providing personal loans and business loans. The effort has paid off, adding substantially to the bottom

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today1 min read
Plane Pain
▶ The top three players have rebounded after Covid-19 by growing sales quickly ▶ SpiceJet failed to reach the pre-Covid level of sales even in FY23 *2022-23 IS AKASA’S FIRST FULL YEAR OF OPERATIONS SOURCE DGCA ▶ Leading airlines have been experiencin
Business Today3 min read
Road Warrior
IN THE HEART of Khalid Wani, who is the Senior Director of Sales for the India region at the American storage drive maker, Western Digital, beats the rhythm of a fervent traveller. He’s a man who believes passionately that the most precious memories
Business Today11 min read
The Dark Side Of Gold Loans
THE RBI ASKED the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason: the regulator found some major lapses in how the company handled the loans. When the regulator looked into the company’s f

Related Books & Audiobooks