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...
Business operations of fintech NBFCs, MFIs to take a hit after RBI diktatThe RBI's directive to halt operations of four non-bank lenders, due to concerns about loan pricing practices, will significantly impact mi...
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...
RBI bans four finance companies from sanctioning and disbursing new loansThe Reserve Bank of India has banned four finance companies, including Navi Finserv and DMI Finance, from issuing new loans due to excessiv...
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...
Manappuram tanks on Sebi hold on Arm's IPOThe Securities and Exchange Board of India said in a report published on January 5, it had put Asirvad's issue 'Under Abeyance'. Manappuram...
Manappuram Finance expects gold loan AUM to grow 10% annually: MD“There are many players in gold loans but we are in the small ticket size segment. The average ticket size is around Rs 50,000 and these ar...
How Mannapuram maintains good NIMs and hopes to achieve 20% consolidated CAGR"There is good demand in microfinance. In the first quarter, we have a little slowdown because there were some concerns about liquidity, ev...
IPO-bound Fusion Microfinance plans secured loan arm for SMEsThe IPO-bound Fusion Microfinance, which has been piloting a small business-focused secured lending book, is commercially launching it from...
Good news: MFIs quadruple bond sales this yearCreditAccess Grameen, Arohan, Asirvad, Samasta, Svatantra and Spandana are among the MFIs that have tapped the market via regulatory window...
Liquidity tap opens for micro lenders and housing finance companiesThe two key refinanciers with specific mandates are granting loans from the Covid-special refinance window opened by the RBI, raising hopes...
Micro lenders' second quarter profit allay slowdown concernsBigger microfinance firms have shown steady growth and profit numbers during the second quarter.
Manappuram Finance Looks to Acquire microfinance companies in North and EastReserve Bank of India has put up bank licences on-tap, and said that new banks should maintain 40 per cent priority sector target from the ...
Lok Capital aims to raise $45 million fund by June“The fund made a total of 10 investments and has already exited six. We’ll have two more exits by February-end,” Lok Capital co-founder and...