RBI Ends Sanctions on Asirvad and DMI

RBI Ends Sanctions on Asirvad and DMI for Fair Pricing Compliance
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. These restrictions,
RBI lifts restrictions imposed on Asirvad Microfinance and DMI Finance
RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart co-founder Sachin Bansal's Navi Finserv
RBI Removes Business Restrictions On Asirvad Microfinance, DMI Finance
The RBI's decision to lift lending restrictions on Asirvad Micro Finance and DMI Finance followed a review of their revised processes, ensuring they meet the regulatory standards.
India's central bank lifts ban on Asirvad Micro Finance, DMI Finance
India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies Asirvad Micro Finance and DMI Finance against any fresh loan sanctions and disbursals with immediate effect.
RBI lifts restrictions on Asirvad, DMI Finance
On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of sanctioning and disbursing loans.
RBI Lifts Restrictions on Asirvad Micro Finance and DMI Finance
The Reserve Bank of India has removed restrictions on Asirvad Micro Finance and DMI Finance following satisfactory compliance with RBI guidelines. The initial restrictions were imposed in October 2024,
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Shares of Indian gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the country's central bank removed restrictions imposed on the company's unit. The Reserve Bank of India (RBI) had in October barred four non-banking financial companies (NBFCs),
RBI Lifts Ban On Asirvad Micro Finance Limited, DMI Finance Private Limited - What Does This Mean?
The Reserve Bank of India, on Wednesday, lifted the restrictions imposed on in exercise of Asirvad Micro Finance Limited, DMI Finance Private Limited. Earlier this month, the central bank lifted the r
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Reserve Bank Lifts Financial Restrictions on Key Firms
The Reserve Bank has removed business restrictions on Asirvad Micro Finance and DMI Finance after the firms addressed ...
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 ...
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