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2 mins read

Sebi puts Manappuram Finance's arm Asirvad Micro Finance IPO on hold

Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Of…

PTI   


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RBI slaps fines on Axis Bank, Manappuram Finance

The Reserve Bank on Thursday imposed a monetary penalty of Rs 90.92 lakh on Axis Bank and Rs 42.78 …

PTI   


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1 min read

IIFL Finance emerges as second largest gold loan NBFC

The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…

PTI   


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2 mins read

RBI eases gold loan norms — you can now borrow more against gold jewellery

Borrowers can now unlock more value, as their gold jewellery will fetch more money that it did p…

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3 mins read

Top stocks to watch— State Bank of India, GMM Pfaudler, HSIL, Route Mobile, Muthoot Finance, Manappuram Finance, CAMS, Chemcon and others

Amid the weak cues from the global market, the sell-off in the Indian stock market is likely to con…

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5 mins read

As Sima Taparia would say, the stars are aligning perfectly for Muthoot and Manappuram shareholders

Gold prices are soaring, the Reserve Bank of India is pushing for more cash in the system to increa…

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1 min read

Manappuram Finance to raise up to Rs 1,150 cr via debentures

"Financial resources and management committee of the board of directors of the company held on Feb…

PTI   


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1 min read

Manappuram Finance net profit jumps 63 pc to Rs 398 cr in Dec quarter

Mumbai, Jan 28 () Gold loan-focused non-banker Manappuram Finance on Tuesday reported a 63 per cent…

PTI   


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1 min read

Gold holdings of 3 Kerala companies stand at over 263 tonnes. This is more than Australia's gold reserves

The gold holdings of these three gold loan companies in Kerala grew from 195 tonnes two years ago t…

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1 min read

Baring India offloads Manappuram Fin shares worth over Rs 721 cr

According to the shareholding data for December 2019 quarter, Baring India Private Equity Fund II a…

PTI   


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2 mins read

Manappuram Fin: Sebi disposes of insider trading charges against Kotak Mahindra Life Insurance Co

"I do not find a reasonable and acceptable degree of probability towards proving beyond doubt or e…

PTI   


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Manappuram Fin: Sebi disposes of insider trading charges against SBI MF, Aditya Birla Sunlife MF

"I do not find a reasonable and acceptable degree of probability towards proving beyond doubt or ev…

PTI   


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3 mins read

EXCLUSIVE: Muthoot Finance says this year's growth is likely to exceed guidance

In fact, business is going so well that Muthoot Finance could be on track to beat its projected …

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7 mins read

Gold loan providers in India face a rise in robberies as gold prices rise

Five of those robberies happened in 2020, three in the last three months. While this may seem …

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1 min read

Meet Dolly Khanna, a Chennai-based investor who is making a killing in stock market and is worth over Rs 200 crore

Chennai-based marquee investor, Khanna is worth over Rs 200 crore and all this by investing in less…

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4 mins read

How Mobile Platforms are driving a true ‘Digital India’

In developing countries, 200 million fewer women than men are online, and 300 million fewer women o…

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3 mins read

India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report

Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…

ANI   


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2 mins read

RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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3 mins read

Fedbank Financial Services IPO to open on November 22; price band fixed at ₹133-140/sh

The initial public offer (IPO) of Fedbank Financial Services will open for subscription on November…

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4 mins read

Sensex, Nifty50 slip in morning trade: Adani Transmission, Adani Total Gas fall 5% after MSCI drops them

Indian equity markets are likely to open in the red on Friday amidst negative global cues. SGX Nift…