Founder of Modern Manipal
Padmabhushan Dr T.M.A.Pai

The Company was registered as a NBFC with Reserve Bank of India and right from the beginning of its incorporation the Company was engaged in Hire Purchase, Lease Financing, Bill Discounting and Loans to Industrial Units. The Company has a track record of over 45 years and has paid uninterrupted dividend till 1997 since its inception.