Expect fund raising of Rs 700 crore in MFI business via primary capital, says Manappuram Finance

CNBC-TV18 2019-05-16

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Manappuram Finance posted a weak set of Q4. Net interest margins (NIMs) came in at a 9 quarter low but profits were aided by lower provisioning and lower tax rate along with loan growth being strong. VP Nandakumar, MD and CEO of the company discussed this and more.
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