Manappuram aims to cut microfinance share to less than 15% to de-risk portfolioManappuram Finance aims to reduce its microfinance portfolio to below 15% of its consolidated AUM to mitigate risks associated with unsecur...
Manappuram Finance shares rally over 5% after RBI lifts restrictions on Asirvad Micro FinanceManappuram Finance Share Price: Morgan Stanley highlighted that the RBI has lifted restrictions on Asirvad Micro Finance with immediate eff...
RBI lifts ban on NBFCs Asirvad Micro Finance and DMI FinanceThe Reserve Bank of India lifted restrictions on Asirvad Micro Finance and DMI Finance. These restrictions had been imposed in October 2024...
Manappuram Finance shares slide 17% in 2 days. What brokerages sayThe restrictions will be effective from October 21, 2024 on four NBFCs Asirvad Micro Finance (a subsidiary of Manappuram Finance), Arohan F...
RBI may act against more NBFCs to check obscure lending practices: Morgan StanleyThe Reserve Bank of India has ordered four Non-Banking Financial Companies, including two microfinance institutions, to stop new loan appro...
Expect 20% EPS downgrade for Manappuram as Asirvad woes deepen: Shweta DaptardarSo, the whole sector is reeling under pressure and so both on the microfinance side and I believe Manappuram will also have certain setback...
Manappuram Finance shares hit 15% lower circuit after RBI restrictions, multiple downgradesManappuram Finance Share Price: Shares of Manappuram Finance plummeted 15% after the RBI imposed restrictions on four NBFCs, including Asir...
Manappuram Finance shares rally 5% on Sebi nod to IPO of subsidiary Asirvad Micro FinanceManappuram Finance shares surged 5.4% to a 52-week high of Rs 207.30 following news of subsidiary Asirvad Micro Finance receiving Sebi appr...
Sebi puts Manappuram Finance's arm Asirvad Micro Finance IPO on holdJan 10 Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Offering (IPO) of Asirvad Micro Fin...
Sebi puts Malappuram Finance's arm Asirvad Micro Finance IPO on holdJan 10 Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Offering (IPO) of Asirvad Micro Fin...
Manappuram Finance shares plunge over 7% as SEBI puts Asirvad IPO on holdThe delay in the IPO represents a blow to Manappuram Finance, which had raised its stake in Ashirwad Microfinance in June 2022, acquiring a...
Manappuram Finance arm Asirvad Micro Finance files draft papers for Rs 1,500 crore-IPOThe company, in consultation with the lead bankers to the issue, may consider a pre-IPO placement of up to Rs 300 crore and if such fundrai...
Asirvad Microfinance securitises MF loans worth Rs 262 croreProceeds from the loan would enable Asirvad to expand its business of providing small loans to low-income women business owners in rural ar...
Manappuram looks to take MFI arm Asirwad publicWith a loan portfolio of over Rs 5,360 crore and close to 25 lakh customers across 23 states, the Chennai-headquartered Asirvad is the four...
Asirvad Microfinance raises Rs 220 crore from Invest in Visions GmbHAsirvad said it would receive the funds in three tranches of which euro 5 million has already been disbursed.
Manappuram keen to get private equity on board for small loans businessThe group has appointed global investment bank Credit Suisse to look for investors and is in talks with leading private equity players to r...
Asirvad Microfinance crosses Rs 3,000 crore AUMAsirvad Microfinance Ltd currently has 1.6 million women members through a 930 branch network across the country.