The Reserve Bank of India (RBI) has announced the immediate removal of restrictions on two non-banking financial companies (NBFCs) – Chennai-based Asirvad Micro Finance and Delhi-based DMI Finance.

In an interaction with Business Standard, Alok Misra, chief executive officer of Microfinance Institutions Network (MFIN), a ...

RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart co-founder Sachin Bansal's Navi Finserv ...

During the shooting of Arohan (1982), in which Victor played the ruthless zamindar Bibhutibhushan Ganguly, the actor actually learned how to be an electrician. “Shyam allowed me to actually ...

The regulator had in October barred the two companies, along with Arohan Financial Services and Navi Finserv, from sanctioning and disbursing loans due to "usurious" pricing and charging a significant ...

The Reserve Bank of India (RBI) has lifted the lending restrictions placed on Arohan Financial Services with immediate effect after the microfinance lender ensured fairness in the loan pricing.

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.

ASIRVAD MICRO FINANCE, DMI FINANCE, AROHAN FINANCIAL SERVICES, NAVI FINSERV The RBI on Wednesday removed restrictions imposed on DMI Finance and Manappuram Finance-owned Asirvad Micro Finance with ...

On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of sanctioning and disbursing loans.

In a significant regulatory relief, the Reserve Bank of India (RBI) has lifted the supervisory restrictions on Asirvad Micro Finance and DMI Finance Private, effective immediately. The curbs, imposed ...

RBI lifts supervisory restrictions on Asirvad Micro Finance and DMI Finance, following compliance and remedial actions.

The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with ...