The country’s leading gold lending company Manappuram has planned to venture in to the three areas Microfinance, Home loans and vehicle loans. By the early next year company has plan to venture the three areas.
It has been reported that company will infuse 100 cr of capital and will expand the presence of the company in central and western parts. Earlier his year, Manappuram Finance had acquired Milestone Home Finance. Five years ago Manappuram has stopped financing the vehicles, but with the improving economy the company is seeking to start up the business again.