On 16th November, the Reserve Bank of India (RBI) implemented stricter regulations on personal loans and credit cards, increasing the risk of a slowdown in loan growth. These new rules, involving higher capital requirements, are expected to raise the cost of such loans, potentially restricting Continue Reading
Real estate company Supertech Ltd is planning to raise approximately ₹1,600 crore from institutional investors by July in order to complete its 18 ongoing housing projects in Delhi-NCR, according to Chairman RK Arora. The company has already signed a term sheet with investors and is currently undergoing due diligence. The Supreme Court has given approval […]Continue Reading
On the 10 th of November, we at Manappuram Finance Limited, reported our second quarter results.Our performance was very impressive with the net profit of Rs.350 crore for the half year up to September 30 being equal to the net profit for the whole of last year. However, it so happened that our results were declared […]Continue Reading