Fri, May 05, 2023
The Enforcement Directorate's recent search at 6 premises of Manappuram Finance Limited and its MD VP Nandakumar has sent the company’s shares into a tailspin. The ED has frozen Rs 143 crore and detected evidence of money laundering and large-scale cash transactions through public deposits.
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Tue, Nov 08, 2022
The firm has decided to allocate 1.24 crore equity shares to anchor investors at Rs 474 apiece, aggregating the transaction size to Rs 588 crore, according to a circular uploaded on BSE's website.
Tue, Apr 19, 2022
RBI on Tuesday announced several rules for Non-Banking Financial Company.
Sat, Jan 13, 2018
IDFC Bank and non-banking financial company Capital First today said they have received approval from their respective boards for a merger. Under the deal, IDFC Bank will issue 139 shares for every 10 shares of Capital First.
Tue, Sep 26, 2017
On September 18, through a gazette notification, RBI said that P2P lenders companies will be treated as Non-banking Financial Company (NBFC).
Mon, Mar 27, 2017
MAS Financial Services today filed draft papers with capital markets regulator Sebi to raise an estimated Rs 550 crore through initial public offering.
Thu, Mar 16, 2017
Demonetisation has worked as a blessing in disguise for us as we collect 100% repayment through Automated Clearing House (ACH) mode and not through cash, Finova Capital managing director and chief executive officer, Mohit Sahney told Zeebiz.com.
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