The Reserve Bank of India lifted the ban imposed on Sachin Bansal-led non-banking financial company (NBFC) Navi Finserv Limited on Monday.
In October, RBI had directed Navi Finserv and three other NBFCs to cease loan approvals, citing deficiencies in adherence to ...
Among the options on the table are absorbing the non-banking finance company (NBFC) into the bank, pursuing a public listing, ...
The Reserve Bank of India has lifted restrictions on Navi Finserv, allowing the company to resume loan disbursals after ...
The Reserve Bank of India lifted restrictions on Navi Finserv. This decision follows the company's rectification of ...
Following the imposition of restrictions on Navi, the lender cancelled a scheduled fund raising activity of Rs 100 crore.
"RBI had several rounds of interaction with the company to rectify deficiencies. Now, having satisfied itself based on the company’s submissions, and because of the adoption of revamped processes, ...
According to the report, while the Indian economy faces incremental slowing of growth and geopolitical risks, a knee-jerk ...
The Karnataka High Court has directed the Reserve Bank of India (RBI) to issue necessary guidelines to be followed by Banks ...
What does India's latest GDP reading mean for the economy? Is it in line with the Q2 corporate earnings? Can you expect a ...
In December, banks shall remain closed on various occasions including the Feast of St. Francis Xavier, Pa-Togan Nengminja Sangma, Death Anniversary of U SoSo Tham, Goa Liberation Day, Christmas Eve, ...
Since April 2022, RBI's monetary policy has advanced smoothly, but recent GDP data reveals a significant slowdown. The government suggests a lower policy rate, leading to discussions on the necessity ...