Mumbai: The RBI on Monday said it has come across instances of acceptance of deposits by Kerala-based Manappuram Finance even after the firm converted itself into a non-deposit taking non-banking financial company, cautioning it was not permitted to do so. "The Reserve Bank today (Monday) advised that Manappuram Finance Limited, Thrissur, Kerala (earlier known as Manappuram General Finance and Leasing Ltd), is not permitted under the Reserve Bank of India...
06:38 PM, Feb 06, 2012
Businesses that made money in sectors that were never on anyone's radar. ...04:08 PM, Feb 07, 2010
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