Davos, Jan. 21 -- Aditya Birla Group Director Ananya Birla on Wednesday shared the success of her microfinance venture, Svatantra, at the World Economic Forum. She informed global leaders that, despite the industry's ups and downs, her company has maintained the lowest level by using smart methods.
Explaining how the company balances profit with social impact, Birla said, "When it comes to Svatantra, it's a business with a heart. There's a lot of value creation and profitability, but it also comes with impact. We have the lowest NPAs in the entire industry, The microfinance industry goes through a lot of ups and downs but Svatantra has been able to, and my team and I have been able to really see beyond that and somehow manage it with the...
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