Brickwork Ratings has reaffirmed the rating of "BWR AA-" for Manappuram Finance Limited's Non-Convertible Debentures Issue of INR 750 crores and INR 100 crores and removes from Ratings Watch.
CNBC-TV18 caught up with chairman and managing director of Manappuram General Finance & Leasing, VP Nandakumar, to get his view on the curbs that RBI is trying to enforce on the gold loan segment.
Brickwork Ratings has placed its ratings on Manappuram Finance Limited on watch with developing implications.