We continue to expect CAGR of 20% and 20% ROE this year: VP Nandakumar, Manappuram Finance

Manappuram Finance MD, VP Nandakumar, remains unaffected by RBI regulations, with strong profitability and 19% AUM growth. NIMs fell to 15%. Nandkumar says: “We have a level playing field even when we introduced that. So, it has not affected the business negatively. We are right on track as far as our guidance is concerned.” Manappuram Finance MD, VP Nandakumar, remains unaffected by RBI regulations, with strong profitability and 19% AUM growth. NIMs fell to 15%. Nandkumar says: “We have a level playing field even when we introduced that. So, it has not affected the business negatively. We are right on track as far as our guidance is concerned.”  Economic Times