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Manappuram Finance - RBI Ban on Asirvad Due to Material Supervisory Concerns

126 Views24 Oct 2024 06:12
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The RBI has instructed Asirvad Micro Finance, a subsidiary of Manappuram Finance, to halt the sanctioning and disbursement of loans, effective 21st Oct’24.
What is covered in the Full Insight:
  • RBI Ban Overview
  • Supervisory Concerns
  • Implications for Manappuram Finance
  • Asirvad's Financial Contributions
  • Valuation and Future Outlook
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