News

Asirvad Microfinance will be expanding its operations to Maharashtra and Rajasthan before the end of current financial year. “We are present in 14 States now with about 560 branches. After the ...
The Reserve Bank of India (RBI) removed supervisory curbs imposed on two non-banking financial companies (NBFCs) – Asirvad Micro Finance Limited and DMI Finance Private Limited with immediate ...
Kerala-based Asirvad Microfinance has announced the appointment of Roy Varghese as Chief Executive Officer (CEO) and Unnikrishnan Janardanan, Chief Operating Officer (COO). These key leadership ...
CHENNAI: Asirvad Microfinance Ltd, an NBFC MFI and subsidiary of Manappuram Finance Ltd, has securitised (by direct assignment) microfinance loans worth Rs 262 crore in a deal with a leading ...
Asirvad Microfinance, a subsidiary of Manappuram Finance, said on Wednesday it has securitised microfinance loans worth Rs 262 crore in a deal with a public sector bank. Raja Vaidyanathan, MD of ...
Jan 8 (Reuters) - India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and DMI Finance, against any fresh ...
The consideration for the proposed acquisition is expected to be Rs 100 crore CHENNAI: Manappuram Finance has signed of a non-binding term sheet with the shareholders of Asirvad Microfinance ...
In October 2024, the RBI had imposed restrictions on Asirvad due to concerns over its pricing policies, which were considered excessive and non-compliant with regulations. Asirvad Microfinance ...