In an interview to CNBC-TV18‘s Sumaira Abidi and Mangalam Maloo, Kapil Krishan, CFO at Manappuram Finance spoke about their Q2 results and also the impact of demonetisation of the high currency notes.
Kapil Krishan, CFO of Manappuram Finance, says the company's cost of funds came down 50 basis points sequentially which aided to its net-interest margins (NIMS).
In an interview of CNBC-TV18, Kapil Krishan, CFO of Manappuram Finance spoke about company's loan book and the outlook going ahead.
The cost of funds was down 35 basis points sequentially in the quarter and 99 basis points year-on-year, said Kapil Krishan CFO, Manappuram Finance.