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India's Manappuram Finance surges
Manappuram Finance shares surge after RBI lifts ban on unit
The Reserve Bank of India (RBI) had in October barred four non-banking financial companies (NBFCs), which included Manappuram's unit Asirvad Micro Finance, from issuing loans due to "usurious" pricing and high markups.
India's Manappuram Finance surges after central bank lifts ban on unit
Shares of Indian gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the country's central bank removed restrictions imposed on the company's unit. The Reserve Bank of India (RBI) had in October barred four non-banking financial companies (NBFCs),
Manappuram Fin up 6% as RBI lifts restrictions on arm Asirvad Micro Finance
Reserve Bank of India (RBI) lifted restrictions on all four non-banking financial companies (NBFC) imposed in October for charging exorbitant interest rates to the borrowers
Manappuram Finance shares in focus after RBI relief to Asirvad Micro Finance, but there is a catch
Manappuram had acquired Asirvad in 2015. The unit contributes 25% to Manappuram's overall Assets Under Management (AUM).
India's central bank lifts lending ban on Asirvad Micro Finance, DMI Finance
India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and DMI Finance, against any fresh loan sanctions and disbursals with immediate effect.
RBI lifts restrictions on Asirvad Micro Finance, DMI Finance
The Reserve Bank on Wednesday lifted the business restrictions placed on Chennai-based Asirvad Micro Finance and New Delhi-based DMI Finance with immediate effect
5d
10 armed robbers storm into Manappuram Gold Loan office in Sambalpur, decamp with jewellery worth crores
In a daring daylight heist, 10 armed robbers looted Manappuram Gold Loan office in Sambalpur, escaping with gold worth crores ...
Hosted on MSN
2d
Robbery in broad daylight at Manappuram Finance's Sambalpur branch! Cash, gold jewellery stolen worth THIS MUCH
Shares of the BSE 500 listed NBFC firm have been declining for the past few sessions and have slipped 5 per cent in the last one week. It also mentioned the movement in the share price on Monday, ...
3d
Gold robbed from loan company
About 30 kg of gold was allegedly robbed at gunpoint from the branch of a gold loan company in Sambalpur, police said on ...
4d
Manappuram gold loan office loot: 4 special teams formed, Sambalpur police launches extensive search
Sambalpur Police on Saturday ramped up the search operation and formed four specialised teams in the wake of a daring heist ...
Deccan Chronicle
5d
Broad daylight robbery in Odisha, dacoits decamp with 30 kg of gold jewellery
The robbers decamped with an enormous 30 kilograms of gold jewellery, estimated to be worth several hundred crores of rupee ...
orissapost
5d
Armed robbers loot 30kg gold, cash in broad daylight
Sambalpur: Armed robbers carried out a daylight heist Friday in the busy Budharaja area, stealing nearly 30 kg of gold ...
4d
30 kg gold robbed from Manappuram Finance's branch in Odisha's Sambalpur
About 30 kg of gold was allegedly robbed at gunpoint from the branch of a gold loan company in Odisha's Sambalpur city, ...
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