Manappuram Finance - RBI Ban on Asirvad Due to Material Supervisory Concerns
The RBI has instructed Asirvad Micro Finance, a subsidiary of Manappuram Finance, to halt the sanctioning and disbursement of loans, effective 21st...
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Manappuram Finance Ltd. - Restrictions on Asirvad to Weigh on Manappuram’s Growth and Profitability!
The RBI has initiated action against select NBFCs and NBFC-MFIs and issued directions to cease and desist from sanctioning and disbursing loans...
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Manappuram Finance Ltd. - Gold Loan Growth Momentum to Continue!
The growth in the gold loans has been driven by (i) demand recovery post a hiatus post COVID thus improving the pace of customer additions, (ii)...
405 Views
Manappuram Finance Ltd. - Strengthening Collections to Improve Asset Quality
With the regulator restricting the cash disbursements over Rs 20,000 for gold financiers, Manappuram has surprisingly seen an increase in demand...
320 Views
Pick of the Week: Manappuram Finance Ltd. - 19 FEB 2024
The company has a pan-India presence of over 5,000 branches with an employee strength of 45,000+ employees on a consolidated basis.
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