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Manappuram aims to de-risk cyclicality and allocation stress with microfin arm listing

Manappuram aims to de-risk cyclicality and allocation stress with microfin arm listing https://ift.tt/uUYViGf separation of microfinance from the parent will mean that the company will take at least five years to get to its aspired 50:50 mix of gold and non-gold loans. Gold loans make up 56% of its assets under management (AUM) of ₹37,086 crore at the end of June. Nandakumar said that the pace of growth in gold loans will be half the average growth.
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