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 of India (RBI) has removed business restrictions imposed on Calcutta-based microfinance lender Arohan ...
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 ...
RBI lifts lending restrictions on Arohan Financial Services due to fair loan pricing, ensuring compliance with regulations.
On October 17, the regulator directed four non-banking finance companies (NBFCs) to cease and desist from sanctioning and ...
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 ...
Mumbai, Dec 2 (PTI) The Reserve Bank on Monday lifted the restrictions on sanction and disbursal of loans by Sachin Bansal's Navi Finserv with immediate effect. On October 17 this year ...
Next year is likely to see fintech IPOs from InCred, Pine Labs, PayU and Razorpay. CRED and PhonePe might launch theirs in 2026.
In October this year, the regulator had directed Sachin Bansal's Navi Finserv, Asirvad Micro Finance, Arohan Financial Services and DMI Finance to cease and desist from sanction and disbursal of ...
More recently in 2024, the RBI also banned Sachin Bansal’s Navi Finserv from sanctioning and disbursing loans over excessive interest rates and non-compliance with its regulations. However ...