Manappuram Finance Q1 Results: Manappuram Finance Ltd reported a sharp improvement in its first-quarter performance for FY27 on August 11, with consolidated net profit rising 341.40% year on year to ₹585 crore. The gold-loan-focused non-banking financial company also reported a 57.20% increase in assets under management, while its board declared an interim dividend and approved Ashish Singh as the next Managing Director and CEO from January 1, 2027.
टैग: NBFC
RBI Adds REC, PFC, IRFC and HUDCO to NBFC Upper Layer List, Total Entities Rise to 17
The Reserve Bank of India (RBI) has released its latest list of Upper Layer Non-Banking Financial Companies (NBFC-UL), bringing four state-owned financial institutions under enhanced regulatory oversight. The updated list, announced on August 6, 2026, expands the number of NBFC-UL entities to 17, up from 15 in the previous list issued for FY25.