He Was a Debt Collector at Age 12. Now He Chases $20 Billion
- Setty got back money owed to his father, who ran grocery store
- SBI managing director heads recovery of India bank’s bad loans
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From the age of 12, Challa Sreenivasulu Setty spent his school vacations collecting debts for his father’s grocery store in the small south Indian village of Potlapadu.
It was harvest season, and Setty would go around the village’s 150 households, recovering money owed by farmers from earlier in the year. He and his brother each had a list of people who owed cash, and would visit them one by one.