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Online gold loans to get big boost: Manappuram Finance Ltd CEO & MD

MD & CEO V P Nandakumar says the target for FY18 is to grow consolidated AUM by 20%

V P Nandakumar
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V P Nandakumar, MD & CEO, Manappuram Finance Limited

Gireesh Babu Chennai
Gold loan non-banking finance company (NBFC) Manappuram Finance Ltd, which has posted an assets under management (AUM) of Rs 14,600 crore by the end of the quarter ended December 2016, has recently said that its board has considered and approved the business plan for financial year 2017-18. The company is targeting a growth of 20 per cent in consolidated AUM during the current financial year. In an interaction with Gireesh Babu, V P NANDAKUMAR, managing director and CEO of Manappuram Finance Ltd, elaborates on the company's plans and targets during the current financial year. Edited Excerpts:

What has been the

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