Kamlesh Gandhi, chairman and managing director of MAS Financial Services discussed their business outlook, the funding scenario and the cash flow picture ahead of general elections 2019.
“The demand is already there and what has happened during the last two quarters is that there is some bit of a liquidity crunch in the market. So, getting the fund has become difficult but that is available to the companies like us and the cost of borrowing has increased a bit but demand is there," Gandhi said.
There is no shrink in demand for micro-enterprise loans (MEL), small and medium-sized enterprises (SMEs), two-wheeler and commercial vehicle in which the company has been working, he said.
In terms of Mudra loans, Gandhi said, “Market is same but very important thing is that how you approach the market, how you create the portfolio because in informal class of customers, your credit screen plays very important role and it should be the touch base credit and you have to be very indulgent with the borrower and you have to create the successful borrower out of them.”