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JPMorgan Chase CEO Jamie Dimon has regularly warned that the U.S. economy faces perils, but even as he sounds the alarm, his ...
The RBI had in October, 2024, taken action against four NBFCs -- Asirvad Micro Finance Ltd, Arohan Financial Services Ltd, DMI Finance and Navi Finserv -- citing material supervisory concerns, and ...
The Reserve Bank of India (RBI) has lifted supervisory restrictions on Ashirvad Micro Finance Ltd. and DMI Finance Private Ltd. after getting satisfied about the corrective action taken by both ...
The Reserve Bank of India has lifted the restrictions on Asirvad Micro Finance and DMI Finance, effective immediately, following their corrective measures and compliance with regulatory guidelines.
Mumbai (Maharashtra) [India], January 8 (ANI): The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was ...
Manappuram Finance acquired Asirvad in 2015 as part of its diversification strategy. Similarly, DMI Finance also faced sanctions for non-compliance with microfinance loan rules, including ...
Jan 8 (Reuters) - 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 ...
According to RBI, Bansal’s Navi Finserv, along with three other financial service providers — Asirvad Micro Finance, Arohan Financial Services, and DMI Finance– were banned due to the ...
The Reserve Bank of India (RBI) has barred four NBFCs- Navi Finserv Limited, DMI Finance Private Limited, Asirvad Micro Finance Limited and Arohan Financial Services Limited from sanctioning and ...
India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, citing excessive interest rates and regulatory breaches. The Reserve ...