October 14, 2026
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RBI Grants All Approvals for Bain Capital to Acquire Joint Control of Manappuram Finance and Its Subsidiaries

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Regulatory approvals mark key milestone in strategic investment to drive the next phase of growth for Manappuram and its subsidiaries   Valapad, Kerala, March 18, 2026: Manappuram Finance Limited (“Company”) today announced that its subsidiaries i.e., Asirvad Micro Finance Limited (“AMFL”) and Manappuram Home Finance Limited (“MHFL”) have received the requisite Continue Reading
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India Increases Authorised Capital of FCI From ₹10,000 Crore to ₹21,000 Crore

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The government has raised the authorized capital of the Food Corporation of India (FCI) from ₹10,000 crore to ₹21,000 crore to bolster its operational abilities and meet its objectives more effectively, as stated by the Food Ministry. FCI, serving as the primary agency for food grain procurement at minimum support prices (MSP) to safeguard farmers’ […]Continue Reading

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