US investor Bain to buy 18% in Manappuram Finance for Rs 4.4k crore – The Times of India

MUMBAI: US investment firm Bain Capital has signed definitive agreements to acquire joint control in Kerala-based Manappuram Finance - India's second-largest gold loan company.Bain Capital will invest around Rs 4,385…

Continue ReadingUS investor Bain to buy 18% in Manappuram Finance for Rs 4.4k crore – The Times of India

RBI imposes penalties on 3 payment system operators including Visa Worldwide – Times of India

NEW DELHI: The Reserve Bank of India has imposed penalties on three payment system operators, namely Visa Worldwide, Ola Financial Services, and Manappuram Finance, for the companies failure to adhere…

Continue ReadingRBI imposes penalties on 3 payment system operators including Visa Worldwide – Times of India