Overview
Description
Manappuram Finance Ltd. is a leading non-banking financial company (NBFC) in India, primarily focusing on providing gold loans. Established in 1949, the company serves as a pivotal player in the Indian financial market by offering secured credit to individuals, significantly impacting the rural and semi-urban communities where traditional banking services are less accessible. In addition to gold loans, Manappuram Finance has diversified its portfolio to include microfinance loans, housing finance, and commercial vehicle loans, catering to various economic segments and business needs. This diversification helps mitigate risks inherent in lending and supports inclusive financial growth. The company's widespread network across India enhances its reach, contributing to its role as a critical facilitator of financial inclusion. By enabling access to credit for a significant portion of the population, Manappuram Finance Ltd. plays an essential role in supporting personal and small business finance, thereby contributing to the broader economic development of the country.
About
CEO
Mr. Vazhappully Padmanabhan Nandakumar M.Sc
Employees
51004
Address
Manappuram House
IV / 470 (old) W638A (New), Valapad PO
Thrissur, 680 567
IV / 470 (old) W638A (New), Valapad PO
Thrissur, 680 567
Phone
91 48 7305 0100
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
India
MIC code
XNSE