Manappuram Finance

I think what Manappuram will do is stop giving out risky, high-interest loans. If they stop these high-interest loans, it won’t have a huge impact because most of their loans are at average risk with average interest rates, and only a few will be high risk. Earlier, they could charge very high interest on these few risky loans, but now they’ll cut back on those and focus on little safer, average-interest loans. I feel the high-risk loans aren’t a large part of their business, stopping them shouldn’t affect much. Offering the lowest interest rates in the industry could actually drive growth and help balance any impact. It’s complicated in theory, but practically, it won’t make a huge difference on paper. I think within 6 to 12 months, they’ll be back to near similar levels in profitability and NIM , if not exactly the same. Let’s see how things go as the numbers start coming in if and when ban is lifted
At least ban lifting seems pretty easy of they are planning to offer lowest interest rates in industry
Management mostly do what they speak
Last time during ED fiasco management guided well and same thing happened