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Manappuram Finance Upgraded to BB- by S&P

by Amruth Sundarkumar | Oct 26, 2021 | Corporates, Credit Ratings, India

Indian non-bank finance company (NBFC) Manappuram Finance has been upgraded to BB- by S&P on the back of expectations that the company will outperform peers over the next 12 months. S&P believes that Manappuram’s gold-based lending model with a 3-month...

Manappuram Finance Upgraded to BB- by S&P

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