Manappuram Finance Senior Manager Finance Interview Questions and Answers

Manappuram Finance Limited is a non-banking financial company in India providing gold loans and other financial services.

• Founded in 1949 by V.C. Padmanabhan in Kerala, India

• Specializes in providing gold loans to individuals and businesses

• Offers other financial services like microfinance, vehicle loans, and money transfer services

• Listed on the Bombay Stock Exchange and National Stock Exchange of India

I want to join Muthoot Fincorp because of its strong reputation, growth opportunities, and focus on customer service.

• Muthoot Fincorp has a strong reputation in the industry for its ethical practices and customer-centric approach.

• I believe Muthoot Fincorp offers great growth opportunities for career advancement and skill development.

• The company's focus on customer service aligns with my own values and professional goals...read more

Contingent liabilities are potential liabilities that may arise in the future based on certain events or conditions.

• Contingent liabilities are not recorded on the balance sheet but disclosed in the notes to the financial statements.

• They depend on the outcome of future events, such as pending lawsuits, guarantees, or warranties.

• If the contingent liability is probable and the amount can be reasonably estimated, it should...read more

Yes, CARO is applicable to NBFCs.

• CARO (Companies Auditor's Report Order) is applicable to all companies including NBFCs.

• CARO requires the auditor to report on various aspects of the company's operations and financial statements.

• Non-compliance with CARO can lead to penalties and legal consequences for NBFCs.

• Examples of CARO requirements include reporting on internal control systems, loans and advances, and related party