I have been trying to blog on and off for last year and half but have not blogged much. Investing has been new found passion, probably the only passion, of my life and I spend most of my discretionalry time on this passion. In the coming weeks, I will try to explian the reason and rationale for owning stocks I have in my portfolio. I hope it may be of some help to someone out there. About Company Gruh Finance is a subsidiary of HDFC primarily catering to lending loans to people with non-steady income sources (non-salaried class) for purchase and repair of houses in tier 2 & 3 cities. They started the operation in Maharashtra and Gujarat and since then have expanded the business Karnataka, Tamil Nadu, Chhattisgarh, Madhya Pradesh, and Rajasthan. They disburse around 65% of loans to Gujarat and Maharashtra so have significant upside in other states. GRUH has formulated a risk management framework which lays the procedure for risk assessment and mitigation. The Risk Management Commit...
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