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MANNAPURAM FINANCE BONDS
It is time the elephant started to dance; Bank Nifty to outperform: Sanjiv Bhasin“Today is a perfect occasion to catch the bears on the wrong side. I would say that this is just the start. I had told you 19,700 is coming...- Manappuram Finance raises Rs 250 cr through bondsThe bonds to be listed on the BSE bear an interest rate of 6.95 per cent per annum and are set to mature on December 30, 2024.
- We are focusing on North India for gold loans: VP Nandakumar, Manappuram FinanceVP Nandakumar, MD & CEO, Manappuram Finance, says there was a tonnage growth of about 11% in gold loans but the volume growth was higher. T...
- In NBFCs, look for a mix of value and growth: Deepak Shenoy, Capital MindIf you look at PE ratios, PSU banks are heavily overvalued because they have no earnings, says Shenoy.
- RBI bans Manappuram Finance, Manappuram Agro Farms from taking public depositsRBI has banned Manappuram's and an unlisted group company from taking public deposits as it is a violation of rules governing its licence.
- Muthoot Finance to come out with NCDs this monthAfter back-to-back issues from IIFL, Shriram City Union Finance and Mannapuram Finance, Muthoot Finance is coming out with NCDs this month.
- India Inc turns to alternative fund raising options amid dry spell in IPO marketForeign debt in the form of external commercial borrowings (ECBs), debenture offers to retail investors and corporate fixed deposit schemes...
- Non-convertible debentures find many takers in investor communityGiven the uncertain global and local equity environment NCDs, which offer afixed return, are finding many takers in the investor community.
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