Just a few days ago (on 25th July) I saw an interview of Shyam Sekhar (Twitter:@shyamsek, FaceBook: https://www.facebook.com/shyamsek) where he said: "Microfinance is organized usury. Wouldn't give a P/E multiple to usury".   Yesterday, in less than a week, Ujjivan Financial Services - a microfinance company that was recently listed on exchanges, announced that their net... Continue Reading →