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)...
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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...
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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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