The ED had on May 4 said that it had frozen assets worth Rs 143 crore of Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as part of a money laundering investigation.
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.