Asirvad Microfinance

RBI said in a statement that it is satisfied with the companies’ submissions over their revamped processes, and commitment to adhere to regulatory guidelines on an ongoing basis.

Manappuram Finance shares crash 15% as RBI whips subsidiary Asirvad Microfinance

On October 17, the Reserve Bank of India took action against four NBFCs and NBFC-MFI citing material supervisory concerns, including Asirvad Microfinance.

Manappuram Finance slumps 7.5% as Sebi puts Asirvad Micro Fin IPO on hold

Manappuram Finance first bought 71 percent stake in Asirvad MicroFinance in February 2015 which was later increased to 95 percent in June 2022.

Manappuram Finance arm Asirvad Microfinance likely to come up with IPO: All about firm's business, AUM, branches

According to its FY22-23 annual report, Asirvad Microfinance has an AUM ( assets under management) of Rs 10,040.89 crore and a PAT ( profit after tax) of Rs 218.13 crore ( as compared to Rs 15 crore in FY 21-22).

Asirvad Microfinance securitises MF portfolio

This securitisation held last month, is the eighth tranche for the current financial year and the total pool securitised with different bank amounts to Rs 611 crore, a press release said.

Asirvad Microfinance crosses Rs 3,000 crore AUM

"Asirvad has been achieving an incremental Rs 100 crore assets under management for past five months and is poised to reach Rs 3,500 crore AUM by this financial year-end", managing director of the company Raja Vaidyanathan said in a statement here.

Expect revenue book to grow at 20% for 2-3 yrs: Manappuram Fin

In an interview with CNBC-TV18, Kapil Krishan, CFO, Manappuram Finance, said yields have increased owing to increased regularity in interest payment by its customers.

MFI biz growing at around 30%: Manappuram Finance

In an interview of CNBC-TV18, Kapil Krishan, CFO of Manappuram Finance spoke about company's loan book and the outlook going ahead.

Manappuram Fin Q1 consolidated PAT up 34.3% to Rs 59.30 cr

The company had reported a profit after tax of Rs 44.15 crore in the year-ago quarter.

Manappuram Fin Q1 consolidated PAT up 34.3% to Rs 59.30 cr

The company had reported a profit after tax of Rs 44.15 crore in the year-ago quarter. Total consolidated operating income grew 18 percent to Rs 539.04 crore as against Rs 456.57 crore in the same period last year, a company release said.

Expect growth to pick up only in Q2 of FY16: Manappuram Fin

V.P. Nandakumar, the Managing Director and CEO of Manappuram Finance Ltd discusses the company earnings and future outlook.