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ED freezes Rs 143-crore assets of Manappuram Finance MD & CEO in money laundering case

The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as......

Gold Loans On RBI, Finance Ministry Radar

Loan against gold as a product is catching on fast.Let's keep the momentum going, but aim for sustainable growth.A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay. Kindly......

Fitch slams corporate governance challenges in India

Fitch Ratings on Wednesday said the recent search by the enforcement directorate at gold-backed lender Manappuram Finance highlights corporate governance challenges that can arise in emerging......

In a first, IFC to invest $35 mn in Manappuram

Gold loan companies offer loans to financially-excluded customers and MSMEs by enabling them to monetise their gold without the need for documentary proof of income. International Finance......

Covid is driving demand for gold loans from banks

For the first time, consumers, including those at the so-called bottom of the pyramid, are monetising gold by taking loans from banks, offering the yellow metal as collateral, says Tamal......

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Manappuram Finance Ltd

News for Manappuram Finance Ltd

ED freezes Rs 143-crore assets of Manappuram Finance MD & CEO in money laundering case

Gold Loans On RBI, Finance Ministry Radar

Fitch slams corporate governance challenges in India

In a first, IFC to invest $35 mn in Manappuram

Covid is driving demand for gold loans from banks

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