From Annual Report : This is very interesting.
Another key trend that is playing out is shifting of savings from physical assets like gold and real estate to financial assets.
This could be a mega trend which has the potential to change the entire face of financial services in India in the long
term. Another disrupting force is the increased use of technology by various players in the financial services space with
disruptive business models. Mobile Wallets, increasing use of fintech platforms, Online Credit Scoring, Payment Gateways
and Digital Currencies will increasingly gain acceptance and change consumer habits. Aadhar is another disruptive force
that will make a huge impact in Indian financial Services.
Your management team sees a big opportunity emerging out of all these trends and has decided to scale up its existing
operations and pursue new avenues of growth. As a company we are embarking on a new journey to scale up our operations.
Disclosure : i am holding . will add more .