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

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

RBI orders four NBFCs, including Asirvad Micro Finance, Arohan Financial Services, DMI Finance, and Navi Finserv, to cease ...

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

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

RBI halts loan disbursements for Navi Finserv and three other NBFCs due to excessive interest rates and regulatory ...

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

The Reserve Bank of India has barred Navi Finserv and 3 other NBFCs from disbursing loans due to concerns over usurious ...

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

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

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

Besides Navi Finserv, others who have been barred by the RBI include Asirvad Micro Finance, Arohan Financial Services and DMI ...