NBFC crisis was a reality check, says Avendus’ Ritesh Chandra

Ritesh Chandra, managing partner at Avendus Future Leaders Fund, talks about the impact of the liquidity crisis in the non-banking financial company (NBFC) and housing finance company (HFC) space, and how the sector might witness some consolidation led by private equity (PE) investors. He also talked about the major trends shaping the consumer sector. Edited excerpts: