Vp Nandakumar

MC Exclusive: Manappuram’s MFI arm Asirvad Micro Finance defers listing plans

Unfavouable market conditions and differences in valuation expectations seen as key reasons for Asirvad Micro Finance to postpone its listing plans. The company was supposed to roll out its IPO by September 30.

Kerala High Court nullifies FIR against Manappuram Fin CEO in money laundering case; stock jumps 5%

The Kerala HC had quashed the Enforcement Directorate's (ED) case on August 28, and no fresh FIR has been registered ever since.

Microfinance biz to regain normalcy in 3-4 weeks: Mannappuram

Speaking to CNBC-TV18 he said that microfinance business will take around 3-4 weeks to return to normalcy the gold loan business may not see a huge impact due to demonetisation.

Expect loan growth in range of 25-30% in FY17: Manappuram Fin

The company, which recorded its strongest performance in past 15 quarters, is expecting good monsoon to reduce stress in the rural economy.

See AUM, profit growth of 20-25% in FY17: Manappuram Fin

The company, is confident of seeing reasonable growth of 20-25 percent in FY17 both in assets under management (AUM) and net profits, said VP Nandakumar, Chairman and Managing Director, Manappuram Finance.

Diversifying business beyond gold loans: Manappuram

In an interview with CNBC-TV18, VP Nandakumar, MD and CEO, Manappuram General Finance, discussed the ramifications of the gold price fall on the company's business and what it is doing to counter it.

LTV has come down to 68% on average: Manappuram Fin

In an interview with CNBC-TV18‘s Sonia Shenoy and Anuj Singhal, VP Nandakumar, CMD, Manappuram Finance, discussed the company‘s earnings performance for the quarter gone by.

See AUM beyond Rs 9000cr during this quarter: Manappuram

The company's July-September quarter net profit increased by 9 percent at Rs 76.4 crore versus Rs 69.7 crore, in the year ago period.

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.

Manappuram sells 4% to Baring, Sequoia for $28.9 mln

Manappuram Finance's founder on Wednesday sold about 4% stake to three large private equity funds, including Baring Private Equity and Sequoia, for about USD 28.9 million.

Not too worried about RBI regulating gold loans: Manappuram

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.

Expect to grow AUM by Rs 1000cr in Q4: Manappuram Finance

VP Nandakumar, chairman and managing director of Manappuram Finance & Leasing in an interview to CNBC-TV18 said, the company aims to grow its assets under management (AUMs) by another Rs 1,000 crore in Q4.

Firms must get time to comply with guidelines: Manappuram

Reserve Bank of India (RBI) panel proposed new tough norms for the non-banking financial companies (NBFCs). In an interview to CNBC-TV18, VP Nandakumar, chairman and managing director, Manappuram General Finance & Leasing gave a perspective of how the company would perform under these guidelines.