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RBI lifts supervisory restrictions imposed on Asirvad Micro Finance and DMI Finance
RBI lifts supervisory restrictions on Asirvad Micro Finance and DMI Finance, following compliance and remedial actions.
India's central bank lifts lending ban on Asirvad Micro Finance, DMI Finance
India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and DMI Finance, against any fresh loan sanctions and disbursals with immediate effect.
RBI lifts ban on NBFCs Asirvad Micro Finance and DMI Finance
The Reserve Bank of India lifted restrictions on Asirvad Micro Finance and DMI Finance. These restrictions had been imposed in October 2024 due to non-compliance with regulatory guidelines. After remedial measures and compliance reports were submitted by the companies,
RBI removes supervisory curbs on Asirvad and DMI Finance
RBI said in a statement that it is satisfied with the companies’ submissions over their revamped processes, and commitment to adhere to regulatory guidelines on an ongoing basis.
RBI lifts restrictions on Asirvad Micro Finance, DMI Finance
The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was initially imposed in October 2024.
cnbctv18
4m
Expect RBI to cut interest rates next month; Budget must focus on job creation: CII president
Industry body CII expects the RBI to cut the benchmark interest rates next month to support sagging growth, its President ...
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34m
RBI's new credit reporting rules: Check how it will affect loan borrowers
RBI's bi-monthly credit updates aim to boost credit scores, empower borrowers, and improve lender risk assessments.
52m
Complaints about credit score not addressed? Here’s what RBI has told banks and credit information firms to do
What is a credit score – and why is it important? What’s a good credit score? Why has the central bank stepped in, and what ...
newsbytesapp.com
5h
How RBI's new 15-day credit reporting rule impacts loan borrowers
The RBI's revised regulation also seeks to end 'evergreening,' a practice where borrowers take new loans to repay old ones, ...
2h
HDFC Bank Receives RBI Approval for Strategic Bank Investments
Hdfc Bank ( (HDB) ) has shared an announcement. HDFC Bank has received approval from the Reserve Bank of India (RBI) to ...
6h
on MSN
New RBI chief faces calls to unshackle rupee as dollar rises
MUMBAI : India’s new central bank head faces a tough decision on managing the rupee’s exchange rate — focus on squeezing ...
2d
RBI Should Allow More Rupee Volatility, Ex-Central Banker Says
A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
22h
RBI announces names of winners of 3rd edition of Global Hackathon
The Reserve Bank on Tuesday announced the names of the winners of the third edition of its Global Hackathon with the themes ...
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