The RBI has barred Navi Finserv, DMI, Asirvad, and Arohan from issuing new loans, citing excessive interest rates and ...

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Warangal: Despite several awareness programmes by banks stating that `10 coins are legal tender and must be accepted for ...

RBI has directed Navi Finserv and three other NBFCs to immediately stop sanctioning and disbursing loans due to supervisory ...

The Reserve Bank of India (RBI) on Thursday took action against four NBFCs -- Asirvad Micro Finance Ltd, Arohan Financial ...

Shaktikantha Das wrote, “Honoured to have paid my respects to the mortal remains of Shri Ratan Tata. Truly a great visionary.

RBI orders cease and desist against 4 NBFCs for usurious pricing and regulatory deviations, effective October 21.

This action is based on material supervisory concerns observed in the Pricing Policy of these companies, says RBI ...

The non-banks lenders include former Flipkart founder Sachin Bansal-led Navi Finserv, DMI Finance, Asirvad Micro Finance and ...

The Reserve Bank of India (RBI) has directed four non-banking financial companies (NBFCs), including two microfinance institutions (MFIs), to halt the sanction and disbursal of new loans starting on ...

Capping voting rights at 26 percent is unique to India. Most countries permit promoters to enjoy voting rights commensurate ...

According to the RBI, in addition to charging excessively high prices, these NBFCs were found to be not following regulatory ...