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MANAPPURAM FINANCE ED
Hey RBI, leave the PEs aloneSince late 2024, RBI has been frowning at investors having control of multiple lenders. PE firms that have held 20% or more in non-bank len...- Gold loan NBFCs expect RBI's 25 bps repo rate cut to lift gold loan demand, business sentimentWhile the Reserve Bank of India’s decision to reduce the repo rate will ease borrowing costs and enhance liquidity in the short term, the r...
- Analysts bet on DCB Bank, Manappuram Finance & Global HealthET looks at some of the stock recommendations by analysts of late. These stocks are expected to return between 16% and 23% as per analysts’...
- Stocks in news: DMart, Adani Enterprises, DLF, Tata Motors, PVRAdani Enterprises and Adani Transmission today announced that they would raise funds totalling Rs 21,000 crore through the qualified instit...
- ED's searches at corporates may tarnish business prospects, constrict funding access: FitchFitch Ratings said that Indian law-enforcement agencies' investigations could potentially damage a corporate's business reputation and cons...
- 'ED's visit' nothing to do with Manappuram Finance, says its managing directorKerala-based NBFC Manappuram Finance Ltd, whose assets worth Rs 143 crore were frozen by the Enforcement Directorate recently, has claimed ...
- Bloodbath on D-Street! Sensex nosedives 695 points on selloff in HDFC twinsIndian equity indices closed in the red on Friday due to weak global cues and a selloff in HDFC twins. All listed companies on BSE witnesse...
- Manappuram Finance shares tumble over 14% after ED freezes promoter assetsVP Nandakumar, the promoter of Indian NBFC Manappuram Finance, has had his personal assets frozen after Enforcement Directorate (ED) raids ...
- Manappuram Finance clarifies, says ED action against promoter, not companyKerala-based non-bank lender Manappuram Finance Ltd, in a stock exchange filing on Friday clarified that the Enforcement Directorate's acti...
- ED freezes Rs 143-crore assets of Manappuram Finance MD & CEO in money laundering caseThe case pertains to allegations of money laundering through "illegal" collection of deposits from the public, the agency said in a stateme...
- ED investigation on illegal deposits is linked to erstwhile Manappuram Agro Farms, Manappuram Finance saysED, the central investigation body, on Wednesday conducted searches at multiple premises linked to the non-banking finance company in Keral...
- ED conducts raids at Manappuram Finance premises in Kerala on money laundering chargesThe officials stated the raids are being undertaken to gather evidences related to allegations of collecting public deposits worth over Rs ...
- Manappuram Finance tanks 12% on reports of ED searches at multiple premisesThe shares of Manappuram Finance plunged by almost 12% as the Enforcement Directorate (ED) conducted searches at several premises of the no...
- Should long-term investors invest in BFSI stocks trading at low valuations?Despite the stock market recovering from the lows of March 2020, some sectors like financial services are still down. Stocks of the BFSI se...
- Stocks in the news: Vodafone Idea, Tata Steel, Maruti, SBI and Future ConsumerThe British government has planned to rope in investment bankers to come up with a rescue plan for Tata Steel's UK operations.
- HDFC MF exits Bandhan Bank, Info Edge; bets on PSU lendersThe fund house bought over 1 crore shares in power-focused PSU firms.
- Midcaps with high FII holding to see correction ahead of US Federal policy: AnalystsAnalysts see correction ahead as these stocks look extremely vulnerable to sharp sell-offs if Fed raises interest rates.
- Expect gold prices to be at current levels this quarter: I Unnikrishnan, Manappuram Finance'Manappuram normally does not have a view on gold prices, but in terms of asset quality, it is definitely looking up.'
- Muthoot, Manappuram Finance rally as RBI drafts rules for small banksIn a move to expand the banking industry to India’s interiors, the Reserve Bank has drafted rules for setting up small and payments banks.
- NBFC stocks like Manappuram, Muthoot Finance down on new gold loan curbRBI reduced the loan-to-value, or the proportion of gold's value that can be lent to customers, to 60% from 75% earlier to contain the risk...
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