Sachin Bansal-led NBFC, made several reforms in its operations as well as regulatory norms which is why the central bank has announced the upliftment of said ban. Navi Finserv is an RBI-registered ...

Sachin Bansal-led Navi Finserv took immediate action to reduce the interest rate on lending by almost 10 percentage points within 10 days after the Reserve Bank of India’s restriction on lending ...

Navi doubled its consolidated profit to Rs 545 crore in FY24, largely driven by the sale of CIFCPL to Svatantra Microfin Private Ltd in November, which generated a post-tax gain of Rs 429 crore ...

has decided to lift the supervisory restrictions placed on Navi Finserv Limited, the financial services company founded by Sachin Bansal, following several rounds of discussions and rectifications ...

With the IPO, Bansal will be looking to more than double the AUM and loan book of Navi Finserv, and its loans and lending business, which as we have seen is central to the revenue model of the ...

Navi Finserv, started by e-commerce platform Flipkart founder Sachin Bansal, and three other NBFCs were barred in mid-October for their "usurious" pricing and charging a significant mark-up over their ...

Sachin Bansal-led Navi Technologies has filed preliminary ... Proceeds of the IPO will be used to invest in subsidiaries — Navi Finserv Pvt Ltd (NFPL) and Navi General Insurance Ltd (NGIL ...

Navi Finserv will use the funds to expand and grow its digital personal loan business, leveraging new technological advancements to strengthen its position in India's expanding digital lending sector.

The RBI removes restrictions placed on Kolkata-based Arohan after it complies with guidelines. Similar curbs on Navi Finserv were lifted in December 2024 ...

The Reserve Bank on Monday lifted the restrictions on sanction and disbursal of loans by Sachin Bansal's Navi Finserv with immediate effect. RBI had issued directions to Navi Finserv Limited, ...

On October 17 this year, the RBI had issued directions to Navi Finserv Limited, Bengaluru (and three other NBFCs) to cease and desist from sanction and disbursal of loans, effective from close of ...