Mr V P Nandakumar, Chairman & MD, Manappuram Finance Ltd.
“The RBI’s decision to keep the repo rate unchanged at 5.25%, while maintaining a neutral stance, reflects confidence in India’s strengthening macroeconomic fundamentals. The upward revision in FY26 GDP growth projections and the expectation of benign inflation indicate a supportive environment for sustained credit expansion and business activity.”
“We welcome the RBI’s direction to dispense with prior approval for branch expansion by large NBFC-ICCs. It reflects regulatory confidence in the strengthened governance and prudential framework applicable to well-regulated NBFCs. This direction will provide greater operational flexibility, which will enable responsible lenders to expand their reach more efficiently, particularly in underserved and semi-urban markets, thereby improving access to formal credit.”
“The increase in the collateral-free loan limit for MSMEs to ₹20 lakh and the move towards a unified portal under the Lead Bank Scheme are also important steps. They will help improve credit access and streamline delivery mechanisms. These measures will further strengthen financing support for small businesses and entrepreneurs, enabling more inclusive and sustainable economic growth, an area where Manappuram Finance continues to play an important role.”