Sachin Bansal-led Navi Finserv Gets RBI Relief

RBI Lifts Lending Ban on Sachin Bansal’s Navi Finserv
The Reserve Bank of India (RBI) startled many by removing lending limits on Navi Finserv Ltd, a non-banking financial company (NBFC) that Sachin Bansal, a co-founder of Flipkart, created.
Relief for Sachin Bansal's Navi Finserv! 'Revamped processes, systems...' - What RBI said
The Central Bank in the press release today said that it has been satisfied with the company's following of the regulatory guidelines, especially 'ensuring fairness in the loan pricing' and decided to uplift the restrictions on Navi Finserv with immediate effect.
Sachin Bansal-led Navi Finserv Gets RBI Relief; Restrictions Lifted - Details
The Reserve Bank of India on Monday lifted the restriction that it had earlier announced on Navi Finserv Limited, which is a non-banking finance company (NBFC). 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.
RBI lifts supervisory restrictions on Sachin Bansal-led Navi Finserv
Following the imposition of restrictions on Navi, the lender cancelled a scheduled fund raising activity of Rs 100 crore. Rating agency CRISIL had also put Navi's ratings on "rating watch"
RBI Lifts Restrictions on Navi Finserv: Sachin Bansal's Company Resumes Loan Disbursements
The Reserve Bank of India has lifted restrictions on Navi Finserv, allowing the company to resume loan disbursals after addressing concerns over its lending practices. The decision follows several rounds of interaction between the RBI and Navi Finserv.
RBI Lifts Curbs On Sachin Bansal’s Navi Finserv
The RBI said that it has decided to lift the restrictions placed on Sachin Bansal-led Navi Finserv to sanction and disburse loans
RBI lifts loan disbursal curbs on Sachin Bansal’s Navi Finserv
In a statement, Navi Finserv said that it has worked to address identified deficiencies, and revamp its processes and systems, to the satisfaction of the RBI.
RBI Lifts Restrictions on Loan Sanctioning for Sachin Bansal's Navi Finserv
The Reserve Bank of India has lifted loan sanction restrictions on Sachin Bansals Navi Finserv, following compliance with regulatory guidelines.
India cenbank removes ban on Navi Finserv from sanctioning, disbursing new loans
India's central bank said on Monday it has removed restrictions it had imposed on non-banking finance company (NBFC) Navi Finserv against any fresh loan sanctions and disbursals with immediate effect.
RBI Lifts Loan Disbursal Restrictions On Sachin Bansal’s Navi Finserv - Details
The RBI has lifted the restrictions on Navi Finserv's loan sanctioning and disbursal, following improvements in its pricing policy and adherence to regulatory guidelines. The restrictions, imposed in October due to concerns over excessive lending rates,
RBI lifts loan disbursal curbs on Sachin Bansal-led Navi Finserv
The Reserve Bank of India lifted the ban imposed on Sachin Bansal-led non-banking financial company (NBFC) Navi Finserv Limited on Monday.
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SACHIN BANSAL
Binny Bansal has resigned from the board of Flipkart which he cofounded in 2007 with Sachin Bansal, sources said. Bansal, who is now based in Singapore, told the board about his resignation ...