Manappuram Finance expects Rs 5,000 cr AUM from new verticals
Manappuram ties-up with Ria for money transfer
The flip side to a formalised economy
Manappuram Sports Day - 2015
It was a gruelling day-long event featuring competitions in seven athletic events across four age-defined categories for men and three for women. With a tally of 149 points, Green House emerged as the overall champions followed closely by Blue House with 145 points. The individual championship in the Men’s category was won by Mr. Deepkumar K.R (MD of MACOM) while the women’s individual championship was shared by Ms.Smitha M.K. (BH, TKS Puram branch) and Ms. Binitha T.G. (HKA, Triprayar Branch), both from Green House.
Onboarding Induction Training Programme
To equip newly recruited employees with the right skills to handle assignments and positions at branches, an intensive 6 day onboarding training programme was conducted in five batches at the HO in Valapad. The programme began in August and continued till November with each batch consisting of 30 trainees. In the first phase of the programme, all newly recruited employees in Thrissur and Ernakulam districts were covered. In the next phase, the programme will be extended to include all new recruits in the other districts of Kerala.
MANAPPURAM Launches Online Gold Loans (First in India)
Manappuram Finance Ltd. launched its “online gold loans” facility at a Customer Meet function held at the company’s head office in Valapad.
A customer is required to make an initial visit to a Manappuram Finance branch for appraisal of his gold ornaments and handover of custody against a receipt bearing full particulars of the pledged ornaments. Manappuram Finance will arrange for its secure storage in its vaults, similar to the locker facility offered by Banks. Customers will additionally get insurance cover for the full value of the ornaments. A credit limit of up to 75 per cent of the market value of the pledged gold ornaments will be sanctioned as Online Gold loan. This amount can be withdrawn by the customer from anywhere in the world 24 x7 using a smart phone, computer, or other internet enabled devices. Speaking on the occasion, Mr. V.P. Nandakumar, MD & CEO of Manappuram Finance Ltd., said that with technology redefining every aspect of life, Manappuram is determined to retain its position in the vanguard of technology and innovation in gold loans.
He announced that Manappuram is planning to follow up online gold loans with the launch of its pre-sanctioned Gold loan Cards, similar to debit cards, which can be used to withdraw money from ATM machines.
Mrs. Meera Haridas (Head – Marketing) introduced the online gold loan product to customers who had gathered at the company’s Valapad Head Office as part of a customer meet.Senior executives who spoke on the occasion were Mr. B.N. Raveendra Babu (Executive Director) and Senior Vice Presidents Dr. Sumitha Nandan Jayasankar and Mr. Sooraj Nandan
Celebrating a Milestone: 20 Years of Listing on the BSE.
Ceremonial ringing of the closing bell at the BSE in connection with the 20th Anniversary Celebrations of Manappuram Finance’s listing L-R Dr. Sumitha Nandan Jayasankar, Sr. VP Manappuram Finance, Mr. Kapil Krishan, Group CFO, Manappuram Finance, Mr. VP Nandakumar, MD&CEO, Manappuram Finance, Mrs. Sushama Nandakumar, MD, Majewel, Mr. Ashishkumar Chauhan, MD & CEO, BSE, Mr. Pradeep Saxena, Director, Manappuram Finance
Watch video: https://www.youtube.com/watch?v=DJiGrrACLGQ
Hi-Definition Video Conferencing to Link 31 Regional Offices Inaugurated
Valapad, November 23, 2015: Manappuram Finance Ltd. has launched an extensive hi-definition video-conferencing facility that will eventually connect its head office at Valapad (Thrissur District) and Corporate Office Annexe at Mumbai with all its 31 Regional Offices. The company’s newly established Manappuram Centre for Innovation and Excellence at Bangalore is also a part of this network. Manappuram expects substantial cost savings from the measure, especially on travel, board and lodging. The project has been initiated by the company’s Training Department headed by Mr. Sooraj Nandan, Senior Vice President – Strategy.
Speaking at a function at the company’s HO marking the formal inauguration of the facility, Mr. V.P. Nandakumar, MD & CEO, noted that in the fast changing world of information technology, it is imperative that the management of the company remained constantly in contact with ground level employees. This initiative will enable regular two way communication between management and the ground level functionaries essential for maintaining competitive edge in the market. Through the video conferencing facility, the company expects to carry out a wide range of tasks like review meetings, interviews, product launches, training programmes etc. The first phase of the launch covers 22 major locations in the country.