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30 lose money in the name of EMI moratorium

Ut World April 13, 2020 0

With the location of new budgetary misrepresentation in the sake of EMI moratorium, the state is seeing a flood in such cases as an ever increasing number of individuals are falling prey to the fraudsters who are drawing them via telephone with counterfeit ideas of substantial EMI markdown, as Continue Reading

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COVID-19: Rs 1.70 lakh crore to help poor during coronavirus lockdown says Nirmala Sitharaman

Ut World March 26, 2020 0

Finance Minister Nirmala Sitharaman announced a stimulus package worth Rs 1.70 lakh crore including Direct Benefit cash transfers, free LPG, grains and pulses for the poor while the middle class will be able to withdraw funds from their Employees Provident Fund (EPF) account to give all of them some respite during the coronavirus lockdown. Nirmala […]Continue Reading

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COVID-19: Flipkart to stop all its supply chain during lockdown

Ut World March 25, 2020 0

On Wednesday etailer Flipkart said it has temporarily suspended its operations and services as India enters a 21-day lockdown it includes grocery items too. Although ecommerce platforms were allowed to provide essential goods and services in Prime Minister Narendra Modi’s address to the nation, Flipkart decided to halt all orders from March 25 for its […]Continue Reading

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Covid-19 results to the sinking of sensex points to 3,186

Ut World March 23, 2020 0

On Monday domestic stock trading resumed after a 45-minute halt, with equity benchmark Sensex crashing further to 3,186 points and the broader Nifty sinking below 7,900 level. Stock exchanges paused trading for 45 minutes after Sensex immersed 10 per cent, hitting its lower circuit limit, within the first hour of opening of the session. As […]Continue Reading

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Dhiraj Agrawal, CEO of 2-wheeler loans at Manappuram Finance, wins Big 40 NBFC Excellence award

Ut World October 11, 2019 0

Dhiraj Agrawal, CEO of the two-wheeler finance division of Manappuram Finance Ltd.,was honoured with the Big 40 NBFC Excellence Award at the World AI Show – BFSI & NBFC, held in Mumbai on September 20, 2019. The award recognises the exemplary technology initiatives and innovations that he has pursued in setting up the two-wheeler finance […]Continue Reading

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World’s first Lions Club for transgender inaugurated by Mr. VP Nandakumar, MD &CEO, Manappuram Finance Limited

Ut World October 3, 2019 0

The first Lions Club for transgender was inaugurated by V.P. Nandakumar, MD & CEO of Manappuram Finance Ltd. and an International Director of Lions Clubs International. “Lions Club of Patna Dostana” has 20 members and was formed as a specialty club with Lion Reshma Prasad as its Charter President. Lions Clubs International, the World’s Largest […]Continue Reading

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CRISIL Upgrades Credit Ratings of Manappuram Finance Ltd

Ut World September 3, 2019 0

India’s premier rating agency, CRISIL, has upgraded the Credit Rating the long-term debt instruments of Manappuram Finance Limited (MAFIL) to ‘CRISIL AA/Stable’ (from ‘CRISIL AA-/Positive’) and reaffirmed its ‘CRISIL A1+’ rating on the company’s commercial paper (CP).  According to the Rating Rationale released by CRISIL, the Continue Reading

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AACCI Lifetime Achievement award to Mr. VP Nandakumar

Ut World July 1, 2019 0

The lifetime achievement award by Asian African Chamber of Commerce and Industry (AACCI) was awarded to Mr. VP Nandakumar, MD and CEO of Manappuram Finance Ltd, for his valuable services in the Finance and Business field. He is the first Malayalee to receive this award. Hon. Speaker Mr P. Sreeramakrishnan presented the award to Mr. […]Continue Reading

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Need to focus beyond fees in higher education

Ut World March 19, 2019 0

In every Education conference in these days, some of the interesting conundrums of education come up for discussion. We are, today, seeing a surfeit of institutions and increasing commoditisation of education. The increase in quantity seems to be the key theme and a trajectory like this, is likely to bring in problems of quality. Experts […]Continue Reading

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New RBI guidelines are a shot in the arm for NBFCs

Ut World March 18, 2019 0

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in its February monetary policy decision cut the policy rate by 25 basis points to 6.25 percent. The lower cost of liquidity to the banking system will eventually reduce the cost of borrowing for productive sectors. The RBI also changed its policy stance […]Continue Reading

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