The non-bank lender's shares fell as much as 18% to 145.42 rupees, their lowest in 10 months, before paring some losses. The Reserve Bank of India (RBI) on Thursday barred four non-bank finance ...
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.