Manappuram Finance is reportedly planning to enter into home finance business in 6 months. Moreover, the company is also planning to start secured lending to small and medium enterprises (SMEs) in coming 6 months. At present, the company is mainly engaged in providing retail advances against bullion asset collaterals, in the form of household used jewellery.
Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and had 2,908 branches across India at the end of FY’12.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 898.50 |
| Shriram Finance | 1004.20 |
| Aditya Birla Capital | 337.40 |
| Chola Invest & Fin. | 1507.50 |
| Tata Capital | 321.85 |
| View more.. | |
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