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Invest in Indian Micro Finance company to Grow

Posted By On 11:01 PM Under

1. One stock which is in micro finance and has not caught the lime light is Manappuram General Finance and Leasing Limited which has emerged as a company providing complete financial solutions for its customers and that too without any hassles.

2. It has recently come in a big way in providing loans against the gold assets and gold loan is presently constituting 96% of its total portfolio. They are expanding in a big way as each Indian has gold and they are able to provide loan to desperate customer without any formalities as customer may be requiring money urgently for the hospital charges for an accidental case.

3. The organisation is working in an honest manner and is thus making deep inroads even in remote areas. Thus an investment in this company will not go waste as the company is expanding despite so called recession in world.

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