After reporting a net profit of Rs 1,127 crore (up 22%), Srinivasan said that the company has achieved scale due to its diversified platform that allows it to leverage customer relationships, brand value, talent and information technology across businesses. This enables the company to compete with banks, whose distribution power enables them to own the largest lending, mortgage, mutual fund and insurance business in India.from Stocks-Markets-Economic Times
Read The Rest:economictimes...
