Manuappuram Finance today announced that it has raised Rs 75 crore by allotting 750 secured redeemable non-convertible debentures. Each debenture has a face value of Rs 10 lakhs. Last week the company had hinted in raising Rs 75 crore through secured redeemable Non-Convertible Debentures. Manappuram Finance is a non-banking financial company based in Kerala.
MMP Mobi Wallet Payment Systems, a subsidiary of Tata Teleservices, announced a tie up today with Manappuram Finance, one of India’s leading gold loan NBFCs, for providing online repayment option to its customers. At present, gold loan customers have to physically go to the NBFC’s branches every month to pay interest and keep the loan […]