Why are Manappuram Finance shares falling for 9 sessions?
The NBFC stock has been under pressure after the RBI initiated action against its subsidiary Asirvad Micro Finance.
The NBFC stock has been under pressure after the RBI initiated action against its subsidiary Asirvad Micro Finance.
NBFC says it will do a comprehensive review of enterprise-wide governance, risk management and regulatory compliance before submitting it to RBI
Asirvad Micro Finance plans to raise ₹1,500 crore via IPO, which is a completely fresh issue of equity shares with no offer for sale (OFS) component.
The central bank slapped fines of ₹90.92 lakh on Axis Bank, ₹42.78 lakh on Manappuram Finance, and ₹20 lakh on Anand Rathi Global Finance.
NBFC's MD V.P. Nandakumar calls ED's freezing order 'patently high-handed', 'arbitrary', and 'unreasonable'
Gold loan companies are auctioning the pledged gold more and more, indicating dire financial conditions of households and small businesses, despite GDP growth.
The impact investor will sell its entire 81.92% stake in Indian School Finance Company to Manappuram Finance Ltd for Rs 248.50 crore.