VP Nandkumar MD CEO Manappuram:
-we expect to close the financial year with a 10-% y-o-y growth rate in gold loan AUM on a conservative basis
- Microfinance expect a 25-30% annual growth.
We have ventured into many new verticals such as hospital loans/loans for medical professionals, teachers’ loan, credit to retail trade, hotels, food processing industry, mahila micro credit and small business loans. Another focus area for us is the affordable home finance and vehicle segment.
- We are firmly on track to become a well-diversified NBFC with an equitable 50:50 mix between gold and non-gold portfolios.
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