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ASIRVAD MICRO FINANCE
Manappuram Finance shares jump 7% as Bain Capital’s 26% open offer kicks off April 6Manappuram Finance shares rose after announcing Bain Capital’s open offer to acquire a 26% stake at ₹236 per share, open from April 6–20. T...
Manappuram Finance units get RBI nod for indirect change in control by Bain CapitalA new chapter begins for Manappuram Finance as its subsidiaries, Asirvad Micro Finance and Manappuram Home Finance, have received the final...
Manappuram posts Rs 203 crore loss on Asirvad stress, names new CEOManappuram Finance reported a ₹203 crore consolidated Q4 loss due to severe stress at Asirvad Micro Finance. Standalone profit dipped sligh...
Asirvad Micro Finance breaches loan covenants amid losses; Manappuram Finance reports 52% profit drop in Q3Asirvad Micro Finance has breached financial covenants due to consecutive quarterly losses and significant loan write-offs. Consequent high...
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...
Ujjivan, Arohan, Asirvad lower lending rate from JanuaryMicrofinance lenders like Ujjivan Small Finance Bank, Arohan Financial Services, and Asirvad Micro Finance have reduced their lending rates...
India's central bank begins unwinding curbs on NBFCsThe Reserve Bank of India has eased supervisory restrictions on several non-banking financial companies, including Asirvad Micro Finance, N...
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...
MFIs reduce lending rates as RBI voices concernsSeveral microfinance lenders in India have reduced their lending rates in recent months following regulatory scrutiny from the Reserve Bank...
Higher rates, increasing credit costs to temper profits for micro finance cos says S&PRising delinquencies in India's microfinance sector will increase credit costs above 5% this fiscal, impacting profitability, S&P analysts ...
Manappuram Finance shares fall 21% in one week. Analysts suggest cautionManappuram Finance's shares dropped 21% after the Reserve Bank of India took regulatory action against its subsidiary, Asirvad Micro Financ...
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...
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 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 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.
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.