Why are Manappuram Finance shares falling for 9 sessions?
The NBFC stock has been under pressure after the RBI initiated action against its subsidiary Asirvad Micro Finance.
The NBFC stock has been under pressure after the RBI initiated action against its subsidiary Asirvad Micro Finance.
NBFC says it will do a comprehensive review of enterprise-wide governance, risk management and regulatory compliance before submitting it to RBI
RBI says this action is based on concerns observed in the pricing policy of these NBFCs.