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Manappuram Finance, Reserve Bank of India
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
India's Manappuram Finance surges after central bank lifts ban on unit
Shares of Indian gold loan financier Manappuram Finance rose as much as 7% on Thursday, a day after the country's central bank removed restrictions imposed on the company's unit.
Manappuram Finance shares surge after RBI lifts ban on unit
Shares of gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the RBI removed restrictions imposed on the company’s unit.
Manappuram Finance shares rally over 5% after RBI lifts restrictions on Asirvad Micro Finance
Morgan Stanley highlighted that the RBI has lifted restrictions on Asirvad Micro Finance with immediate effect. Morgan Stanley has factored in approximately 10% provisions for the MFI loan book for FY25-27 due to the previous embargo.
Manappuram Finance soars after RBI lifts restriction imposed on microfinance arm
Manappuram Finance jumped 4.53% to Rs 188.20 after the Reserve Bank of India lifted the restrictions imposed on Asirvad Micro Finance with respect to sanction or disbursal of loans with immediate effect.
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
6m
on MSN
India's new central bank chief seeks to improve forecasts, sources say
India's new central bank governor Sanjay Malhotra has initiated a review of the Reserve Bank of India's inflation and growth ...
12m
on MSN
New RBI governor seeks to improve forecasts, sources say
India's new central bank governor, Sanjay Malhotra, is reviewing the Reserve Bank of India's inflation and growth forecasting ...
The Financial Express
1h
RBI’s innovation arm, IIMA Ventures launch startup programme for women’s financial inclusion
The programme is currently inviting applications from startups working on gender-inclusive financial solutions, targeting ...
4h
Jefferies hikes Manappuram Finance target price after RBI lifts curbs on arm Asirvad
Analysts at Jefferies raised their price target for Manappuram to Rs 190 but maintained a "hold" rating on the stock.
3d
RBI Should Allow More Rupee Volatility, Ex-Central Banker Says
A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
3d
Rupee slips to record low but likely RBI intervention caps losses
The Indian rupee slipped to an all-time low in early trade on Monday, pressured by broad-based dollar bids while likely ...
2d
India's gold reserve shines as RBI adds 8 tonnes in Nov, second-biggest buyer in 2024: WGC report
According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland ...
16h
on MSN
Expect RBI to cut interest rates next month; Budget must focus on job creation: CII president
CII expects the RBI to cut interest rates next month to support growth. CII President Sanjiv Puri highlights the need for job ...
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