Manappuram Finance reported a ₹203 crore consolidated Q4 loss due to severe stress at Asirvad Micro Finance. Standalone profit dipped slightly, while a ₹500 crore equity infusion was announced to support the troubled subsidiary.
Rupee at risk? BOP pressure, oil shock and capital flows hold the key, says Rahul Bajoria
The Indian rupee faces potential weakening to 94 against the US dollar by mid-2026 due to rising oil prices and a widening current account deficit.