Manappuram Finance Limited is a non-banking financial company based in India that provides loans against gold and other forms of collateral.Continue Reading
Article By V.P. Nandakumar MD & CEO of Manappuram Finance Ltd. An internal working group of the RBI recently suggested that large non-banking financial companies (NBFCs) should convert themselves into Banks. Although reported in the media as a new suggestion, the fact is, conversion of a non-bank to a bank has been allowed […]Continue Reading
Manappuram Finance Ltd. reported a consolidated net profit of ₹ 405.44 crore. Profit is higher by 10.2 per cent in comparison to ₹ 367.97 crore reported in the preceding quarter. Net profit for the standalone entity (which excludes subsidiaries) is reported at ₹ 405.56 crore, an increase of 20.6% in comparison to Rs.336.17 crore reported […]Continue Reading
Article by V.P. Nandakumar is MD & CEO of Manappuram Finance Ltd. Former Prime Minister Dr. Manmohan Singh, writing in The Hindu newspaper in November 2019, had warned about the imminent risk of stagflation facing the economy. At the time, India’s economic growth was slowing down. Nearly a year later, we are staring at a […]Continue Reading
Article by V.P. Nandakumar is MD & CEO of Manappuram Finance Ltd. As the old order changes, what should the upcoming generation of managers and business leaders do to remain in the game? Very often, the first step in learning something new is to unlearn something we learned before. The raging COVID-19 pandemic has forced […]Continue Reading
Article by V.P. Nandakumar is MD & CEO of Manappuram Finance Ltd. Economists often use the term “ceteris paribus”, Latin for “all other things held constant” when positing their theories or making predictions based on their models. I am not an economist but as the CEO of a large NBFC, I take a keen interest […]Continue Reading
Article by V.P. Nandakumar is MD & CEO of Manappuram Finance Ltd. Whenever the price of gold goes up, the personal finance columns published in various newspapers and periodicals see hectic discussions about how much money an investor should set apart for investing in gold. However, during periods when the price of gold is stable […]Continue Reading
