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V P Nandakumar Of The Manappuram Group

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  • Business

Gold loan business is shining as regulatory scrutiny of sector grows

 In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. Illustration: Dominic......

India has 18,000 tonne of gold in private hands!

 VP Nandakumar, executive chairman of Manappuram Group, speaks about gold, investing in gold, and taking gold loans. What started as a small pawn shop in 1949, today has 2,600 branches all over......

VP Nandakumar: Man with the Midas touch

 It all started as a small pawn shop lending gold, in a small village called Valapad near Trissur in Kerala, way back in 1949. By the year 1986, it had grown to have a capital of about Rs 500,000......

TVS plans foray into budget housing

 The 100-year-old Chennai-based business house, TVS Group, known for its expertise in auto, auto components and finance, is planning to take a plunge into low-cost housing.It will do so through TVS......

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