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Manappuram Finance shares surge 6% after RBI relief to Asirvad, but there is a catch
Manappuram had acquired Asirvad in 2015. The unit contributes 25% to Manappuram's overall Assets Under Management (AUM).
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 ...
Why excitement in Manappuram stock post lifting of microfinance ban faded
Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...
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 ...
Shares of smallcap NBFC major climbs over 6% in trade today; here's why
After the RBI lifted the ban on its microlending arm Asirvad Micro Finance, shares of Manappuram Finance gained over 6 per ...
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Reserve Bank Lifts Financial Restrictions on Key Firms
The Reserve Bank has removed business restrictions on Asirvad Micro Finance and DMI Finance after the firms addressed ...
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Manappuram Finance - RBI Lifts Ban On Asirvad With Immediate Effect; A Positive Development: Motilal Oswal
While Asirvad is expected to witness a gradual improvement in new business volumes, it will still have to weather the ...
Manappuram Finance shares slip 7% from day's high as investors book profits on RBI relief
Analysts at Jefferies raised their price target for Manappuram to Rs 190 but maintained a "hold" rating on the stock.