Corona Virus - a wakeup call for the global economy

1 min read

By V.P. Nandakumar

It was from Wuhan, the sprawling capital of Central China's Hubei province, that the WHO Country Office in China got its first report that pneumonia of an unknown cause had been detected. Later, on January 30, the WHO declared the outbreak a Public Health Emergency of international concern. The coronavirus disease (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) and has affected over 90,000 people the world over to become a global emergency.

The curious case of growth in gold loans as redemptions spiked

5 min read

By V.P. Nandakumar

Soon after the first phase of the lockdown was over and NBFCs were allowed to resume operations at their branches, there was much interest in the financial media about how gold loans would hold up in the current scenario where economic activity is at a low and GDP growth is heading into negative territory.

Online Gold Loan (OGL) Concept & App

3 min read

Nothing less than revolutionary - this is how we prefer to describe the new Online Gold Loan (OGL) app from Manappuram Finance Limited. We have leveraged technology and our safelock feature efficiently to come up with this unique and novel service. The Online Gold loan (OGL) app allows you to avail gold loans anytime from any nook and corner of the world.

How does OGL work?