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Manappuram Finance planning to raise funds up to $500 million
Apr-15-2024

Manappuram Finance is planning to raise funds up to a principal aggregate amount of up to $500 million, in one or more tranches, by way of external commercial borrowings in the form of US Dollar bonds and/ or any other form as per the applicable guidelines issued by the Reserve Bank of India. A meeting of the Financial Resources and Management Committee of the board of directors of the company will be held on April 19, 2024 to consider the same. 

Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.


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