03 Jul 2026
Manappuram Finance said CEO Deepak Reddy resigned as Chief Executive Officer and Key Managerial Personnel with effect from December 31, 2026.
He is leaving to pursue other opportunities. It is a top-management change at the gold-loan NBFC, with succession the key thing to watch.
11 Jun 2026
The government is exploring ways to better tap India's domestic gold holdings and cut imports, after RBI began repatriating part of its gold reserves.
Expanding gold monetisation beyond loans, flagged by an EAC-PM member, could divert idle gold away from the lending channel that anchors Muthoot and Manappuram.
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