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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.
The Financial Express17d
RBI lifts restrictions on Asirvad, DMI Finance
the Reserve Bank has decided to lift the aforementioned restrictions placed on both Asirvad Micro Finance and DMI Finance with immediate effect,” the RBI said. On October 17, the apex bank had ...
Zee Business17d
RBI allows Asirvad, DMI Finance to resume lending operations
The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, according to an RBI ...
Reuters18d
India's central bank lifts lending ban on Asirvad Micro Finance, DMI Finance
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 ...
December numbers signal improving microfinance situation: MFIN CEO
In an interaction with Business Standard, Alok Misra, chief executive officer of Microfinance Institutions Network (MFIN), a self-regulatory body (SRO), said, “December field report gives us positive ...
The Free Press Journal13d
This Is How Manappuram Shares Reacted To Lifting Of Restriction On Asirvad Fin, After A Week Of Decline At Dalal Street
RBI Lifts Ban on Asirvad After incurring a cumulative decline in the total of the company shares at the National Stock Exchange (NSE) over the past five trading sessions, the stocks of the Kerala ...
The Economic Times on MSN16d
RBI eases curbs on NBFCs as compliance improves after supervisory actions
The RBI on Wednesday removed restrictions imposed on DMI Finance and Manappuram Finance-owned Asirvad Micro Finance with immediate effect. The regulator had in October barred the two companies, along ...
moneycontrol.com9y
Asirvad Microfinance
On October 17, the Reserve Bank of India took action against four NBFCs and NBFC-MFI citing material supervisory concerns, including Asirvad Microfinance. Manappuram Finance first bought 71 ...
Final Trade: Sensex sheds 467 points, Nifty closes below 23,600 amid weak sentiment
Markets closed lower as weak global cues and earnings concerns weighed on sentiment. Realty and banking sectors dragged ...
Reuters25d
India collects $20.66 bln in goods and services tax in December
category India's central bank lifts ban on Asirvad Micro Finance, DMI Finance 12:51 PM UTC · Updated ago Indiacategory One body recovered from flooded Indian mine as rescuers search for trapped ...
Sensex, Nifty Open Lower On Weak Global Cues
Indian shares were subdued on Thursday, tracking weak cues from global markets as Chinese inflation data disappointed and reports ...