Manappuram Finance has received an approval for equity infusion of up to Rs 100 crore in its wholly owned subsidiary (WOS) — Manappuram Home Finance (MAHOFIN). The Board of Directors of the company at their meeting held on November 06, 2018, approved the same. Manappuram Finance is a non-deposit taking NBFC and having a strong … Read more
Manappuram Finance has received an approval for equity infusion of up to Rs 150 crore in its subsidiary Asirvad Micro Finance. The Board of Directors of the company at their meeting held on November 06, 2018, approved the same. Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in … Read more
Syndicate Bank has received capital infusion of Rs 728 crore from the government in lieu of preferential allotment of shares. The finance ministry had conveyed to the bank on October 17 of getting government sanction for release of Rs 728 crore towards contribution of the preferential allotment of equity shares during 2018-19 under plan as … Read more