Manappuram Finance Ltd. - Weak Quarter, Focus Shifts to Growing Secured Portfolio!
The management has indicated that Manappuram will focus on strengthening its core gold loan business alongside pursuing growth in the secured non...
429 Views
Manappuram Finance - Healthy Gold Loan Growth; MFI Business Remains Key Monitorable
Manappuram Finance’s (MGFL) consol. PAT in 2QFY25 grew 2% YoY to INR5.7b (in line). NII grew ~21% YoY to ~INR16.4b and PPoP rose ~19% YoY to...
137 Views
Manappuram Finance Ltd. - Near-Term Underperformance to Continue, Maintain HOLD!
Post the imposition of restrictions on the microfinance subsidiary, the company has intensified its collection efforts and implemented advanced...
221 Views
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...
156 Views
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...
393 Views