Manappuram

The company did not ensure maintenance of the mandated loan-to-value ratio in certain accounts during FY21.The Reserve Bank of India conducted a statutory inspection of the company concerning its financial position as of March 2021The…

<!-- -->Fitch spoke about searches by the Enforcement Directorate at Manappuram Finance. (Representational)New Delhi: Fitch Ratings today said the recent search by the enforcement directorate at gold-backed lender Manappuram Finance…

The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as part of a money laundering investigation. A…

Despite gold prices hitting record highs, analysts aren't gung-ho about the outlook for gold financiers Muthoot Finance and Manappuram Finance. This, they said, was due to intense competition from banks, coupled with stagnating loan books…