Manappuram Finance shares dipped 2% after its subsidiaries received RBI approval for Bain Capital's indirect control, marking the final ste...

Indian markets continued their recovery for a third straight session, with Nifty approaching the 23,800-24,000 resistance zone. Key stocks ...

A new chapter begins for Manappuram Finance as its subsidiaries, Asirvad Micro Finance and Manappuram Home Finance, have received the final...

Manappuram Finance shares rose nearly 4% after the company clarified that its proposed Bain Capital deal is progressing as planned, with mo...

Sebi has approved Bain Capital’s 26% open offer for Manappuram Finance after its 18.6% stake purchase. RBI clearance is pending, with the t...

Manappuram Finance reported a ₹203 crore consolidated Q4 loss due to severe stress at Asirvad Micro Finance. Standalone profit dipped sligh...

Asirvad Micro Finance has breached financial covenants due to consecutive quarterly losses and significant loan write-offs. Consequent high...

Kerala-based NBFC Manappuram Finance Ltd, whose assets worth Rs 143 crore were frozen by the Enforcement Directorate recently, has claimed ...

Narayan is a commerce graduate from Mysore University with 40 years of experience in the banking and finance sector. He is a career banker ...

The company’s scrip plummeted to a low of Rs 129.15 as against Rs 142.90 at the previous close on the National Stock Exchange. The stock, w...

The board of directors of the company in its meeting also declared an interim dividend of Rs 0.75 per equity share having a face value of R...

The non-banking finance company (NBFC) had registered a net profit of Rs 266.78 crore in the same period of the previous fiscal year.

The board of directors approved an interim dividend of Rs 0.55 per share on face value of Rs 2.

The company's subsidiaries also received an upgrade on long term credit ratings.

Narayan has more than 37 years of experience in the financial services industry having held various key positions in State Bank of India.

Post demonetisation, the loan growth and collections for both companies dipped in November, but saw a spike in non-cash transactions of up ...

The transaction is part of Manappuram's strategy to diversify its business by entering the lucrative housing finance space.