https://indianpedia.org/index.php?action=history&feed=atom&title=Manappuram_General_Finance_and_LeasingManappuram General Finance and Leasing - Revision history2026-07-30T20:21:23ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Manappuram_General_Finance_and_Leasing&diff=232813&oldid=prev->GreenC bot at 18:24, 24 October 20212021-10-24T18:24:43Z<p></p>
<p><b>New page</b></p><div>{{Use dmy dates|date=June 2018}}<br />
{{Use Indian English|date=June 2018}}<br />
{{Infobox company<br />
| name = Manappuram Finance Limited<br />
| type = [[Public company|Public]]<br />
| traded_as = {{BSE|531213}}<br />
| foundation = 1949<br />
| location = [[Valappad]], [[Thrissur]], [[Kerala]], India<br />
| key_people = [[V.P. Nandakumar]] (MD & CEO)<br />
| industry = Non-banking financial company (NBFC)<br />
| products = {{hlist| gold loan| forex & money transfer| SMS finance| commercial vehicle loan}}<br />
| num_employees = 17,500<br />
| homepage = {{URL|https://www.manappuram.com}}<br />
}}<br />
'''Manappuram Finance Ltd''', or '''MAFIL''', is an Indian [[non-banking financial company]] (NBFC) based in Valapad, [[Thrissur]], [[Kerala]].<ref>{{cite web<br />
|url = http://www.hinduonnet.com/businessline/blnus/17051931.htm<br />
|title = Manappuram Gen Fin to expand operations<br />
|newspaper = The Hindu<br />
|access-date = 2010-05-07<br />
|archive-url = https://web.archive.org/web/20110510070628/http://www.hinduonnet.com/businessline/blnus/17051931.htm<br />
|archive-date = 10 May 2011<br />
|url-status = usurped<br />
|df = dmy-all<br />
}}</ref> Manappuram has over 4190+ branches across 25 states.<ref>{{cite news<br />
|url=http://economictimes.indiatimes.com/markets/stocks/market-news/PE-firms-take-stock-use-uptrend-to-exit/articleshow/5870408.cms<br />
|title=PE firms take stock, use uptrend to exit<br />
|newspaper=Economic Times<br />
|access-date=2010-05-07<br />
|date=2010-04-29}}</ref><br />
<br />
==History==<br />
The company was founded in 1949 by late V.C.Padmanabhan in [[Thrissur District]]. The company commenced its operations at Valapad, mainly with money lending activity on a very modest scale. The group's flagship company, MAGFIL, was established in 1992 in the wake of economic reforms launched by the [[Government of India]]. Manappuram's origins go back to 1949 when it was founded in Valapad (a coastal village in the Thrissur District of Kerala) by the late V.C. Padmanabhan, father of Nandakumar. Its activity was mainly pawn broking and money lending carried out on a modest scale.<br />
<br />
== Controversies ==<br />
On 14 February 2012, The company announced an immediate compliance to any of RBI's concerns. To enhance governance and better manage growth to the next level, the Board also decided to constitute an independent committee under the chairmanship of Mr Jagdish Capoor (former Deputy Governor of RBI and former Chairman of HDFC Bank). This committee will review relevant aspects of operations, systems, controls and organizational structure, including Board composition and effectiveness.<ref>[https://archive.today/20120911171520/http://www.thehindubusinessline.com/industry-and-economy/banking/article2889848.ece?homepage=true&ref=wl_home]</ref><ref>{{cite news| url=http://timesofindia.indiatimes.com/business/india-business/Manappuram-raising-deposits-illegally-RBI/articleshow/11786793.cms | work=The Times Of India | title=Manappuram raising deposits illegally: RBI}}</ref><br />
<br />
==References==<br />
{{Reflist}}<br />
<br />
{{Thrissur topics}}<br />
{{Nifty 200 companies}}<br />
<br />
{{DEFAULTSORT:Manappuram Finance Limited}}<br />
[[Category:Financial services companies in Thrissur]]<br />
[[Category:Financial services companies established in 1949]]<br />
[[Category:Indian companies established in 1949]]<br />
[[Category:Companies listed on the Bombay Stock Exchange]]</div>->GreenC bot