We continue to expect CAGR of 20% and 20% ROE this year: VP Nandakumar, Manappuram Finance

May 27, 2024

Manappuram Finance MD, VP Nandakumar, remains unaffected by RBI regulations, with strong profitability and 19% AUM growth. NIMs fell to 15%. Nandkumar says: “We have a level playing field even when we introduced that. So, it has not affected the business negatively. We are right on track as far as our guidance is concerned.”

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