Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd Bringing the multitudes of unbanked population in rural India to the formal credit market remains a major policy challenge but the task of financial inclusion has been made easier by the accelerated pace of digitalisation Continue Reading
Article By Dr Sumitha Nandan Executive Director, Manappuram Finance Ltd Commercial lenders including NBFCs are on a path of healthy growth despite tightening risk weight norms by the regulator Post-pandemic recovery in the banking sector has many surprises on the upside. The most important eye-opener was the steady growth in non-farm credit off-take which has […]Continue Reading
Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd To sustain growth momentum in the long run, the government and the industry along with financial institutions should roll out a synchronised policy to boost productivity in the key manufacturing sector that will generate quality jobs, higher income and enhanced demand There are no two […]Continue Reading
Article By V P Nandakumar MD & CEO, Manappuram Finance Ltd ‘All finance is climate finance’, is the resounding message coming from the recently-concluded C0P-28 conclave held in Dubai, UAE’ All finance is climate finance. For me, this is the most important takeaway from the 28th session of the UN Climate Change Conference — better […]Continue Reading
Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd Despite elevated prices, faster-than-expected economic expansion is driving domestic demand for gold For me, gold is always a subject that I keep close to my heart. And I always find it amusing to see how the gold market navigates through the various phases of an […]Continue Reading
Article By Dr Sumitha Nandan Executive Director, Manappuram Finance Ltd Gold loan companies may benefit from the tightening credit cycle, higher-than-ever gold prices after the latest geo-political episode in the Middle East, and commercial lenders turning cautious in giving unsecured loans Once again, households that are in need of cash are finding that the […]Continue Reading
Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd The recent uptick in most macro-indicators point to a spurt in economic expansion that may beat forecast and expectations. While IMF has revised India’s GDP growth to 6.3%, RBI is sticking to its forecast of 6.5% The Indian economy is most likely to spring […]Continue Reading
V P Nandakumar, MD & CEO of Manappuram Finance King Dollar is crimping private consumption everywhere in the world as the high cost of imported goods burns holes in consumers’ pockets not just in the US but elsewhere in the world Over the past few months, the word `de-dollaraisation’ is fast gaining currency everywhere in […]Continue Reading
Dr Sumitha Nandan, Executive Director of Manappuram Finance Ltd The organised sector stands to gain even more in the coming years Gold as an asset class as well as an object of desire has this unique quality to buck the trend, transcend time and to surprise analysts. Gold price has stayed consistently above $1,920 per […]Continue Reading
The inspiring tale of Mrs Bindu A.L. who braved odds to reach the top of the corporate ladder at Manappuram Finance The story of Mrs Bindu A.L., the self-made CFO and President of Manappuram Finance, is awe-inspiring, to put it mildly. Born in Potta near Chalakudy in Kerala’s Thrissur, she was the second of peasant […]Continue Reading