On October 17, the Reserve Bank of India took action against four NBFCs and NBFC-MFI citing material supervisory concerns, ...
On Thursday, the RBI imposed business restrictions on four NBFCs — Asirvad Microfinance, Arohan Financial Services, DMI ...
RBI’s ban on Asirvad Micro Finance for high pricing has triggered downgrades for Manappuram Finance, causing a 15% drop in ...
Manappuram Finance shares fell 16.85 per cent to hit a low o Rs 147.50 on BSE. The RBI decision to ban the lending operations ...
Although brokerages do not see significant downside in shares of Manappuram Finance due to cheaper valuations, they believe ...
Manappuram Finance is one of the biggest names in the NBFC sector, and this development at the equity markets came to pass ...
Shares of Manappuram Finance are under scrutiny following the Reserve Bank of India's recent restrictions on the company, ...
The RBI has asked Manappuram Finance's subsidiary Asirvad Micro Finance to 'cease and desist' sanction and disbursal of loans ...
The Reserve Bank of Indias (RBI) recent crackdown on Asirvad Microfinance, a subsidiary of Manappuram Finance, has sent ...
Manappuram Finance share price tanked 15 per cent to Rs 150.80, hitting an 11-month low on the BSE after the RBI put ...
Manappuram Finance shares tumbled 18% to an intra-day low of Rs 145.42 after the Reserve Bank of India cracked the whip on the subsidiary, Asirvad Microfinance.
The brokerage believes that this ban could remain in force for six to nine months.