RBI on Thursday barred Bengaluru headquartered-Navi Finserv and three more NBFCs to stop disbursing loans from October 21 ...

The companies flagged include Bengaluru-based Navi Finserv, New Delhi-based DMI Finance, Kolkata-based Arohan Financial ...

RBI Governor Shaktikanta Das emphasized that the Reserve Bank acts not as an enforcer but as a vigilant overseer of India's ...

Mumbai/IBNS: The Reserve Bank of India (RBI) on Thursday (Oct. 17) took action against four Non-Banking Financial Companies ...

Earlier this month, in RBI monetary policy committee meeting, governor Shaktikanta Das issued a strong warning to non-banking ...

The RBI halted the lending operations of these companies as it flagged serious supervisory concerns about their pricing ...

The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance ...

The RBI has barred Navi, DMI, Asirvad, and Arohan from issuing new loans, citing excessive interest rates and non-compliance ...

RBI's regulatory action comes in response to concerns over their loan pricing policies and other regulatory violations, ...

This action is based on material supervisory concerns observed in the Pricing Policy of these companies, says RBI ...

RBI governor Shaktikanta Das emphasized the central bank's vigilant monitoring of financial markets, asserting it acts ...

During his monetary policy statement on October 8, RBI Governor Shaktikanta Das warned NBFCs, including MFIs, against chasing ...