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Fund-costs low; Rao report boosts bank-loans: Manappuram

VP Nandakumar, CMD, Manappuram General Finance explains on CNBC-TV18 that the cost of funds which is currently at 13 percent, will come down as banks reduce rates further. He expects yields to improve going forward and has a visibility of raising additional funding of Rs 1,000 crore.

first published: Feb 7, 2013 12:51 pm

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