Manappuram Finance controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2012
RBI warning concerning deposits
In February 2012, the Reserve Bank of India warned the public against keeping deposits with Manappuram Finance. The company stated that it would comply with the RBI's concerns and formed an independent committee chaired by Jagdish Capoor to examine operations, systems, controls, organizational structure and board effectiveness.