At the launch event of a new business entity by Essel Finance Management LLP (EFM)’s Essel Mutual Fund on Friday in Mumbai, Subhash Chandra in his address congratulated the whole team of Essel Finance for achieving this milestone.
Speaking about the ninty-one year journey of Essel Group, he said that it has seen it fair share of ups and downs. When he took over it was at a low and he recalled the teachings of his forefathers, “I never let a lender to come to my door. When I knew that I was going to pass through some difficult times, I would first call the lender or creditor. Go and meet them, talk to them, discuss my situation and come back very satisfied and giving confidence to the person and finally I kept my commitment.” He compared it to today’s time when one of the first things people do when they owe you money is to stop taking your calls.
He said, “Businesses are built on trust, and I’d like to tell the entire Essel Finance team to build on this trust and create a winning proposition for depositors on one side and clients on the other.”
Subhashji thanked everyone who is supporting this new venture and said, “Keep the trust intact. Irrespective of who is there, Essel Finance should go on for hundreds of years.”
He also unveiled the logo of the new business along with Shri Amitabh Chaturvedi, managing director, Essel Finance Management LLP (EFM).