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

The reason behind the ban is due to concern related to the pricing policy of these companies in terms of their lending rates, ...

The Reserve Bank of India has banned four NBFCs from issuing new loans starting October 21, 2024, citing excessive lending ...

India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, ...

Reserve Bank of India on Thursday issued directions to Asirvad Micro Finance Limited, Arohan Financial Services Limited, DMI ...

Former Flipkart CEO Sachin Bansal has had a difficult relationship with the country's regulators, failing to get a banking ...

Flipkart founder and former CEO Sachin Bansal is now back as a CEO again. After months of speculation over his next possible venture in the financial services segment, Bansal bought a majority ...

The non-banks lenders include former Flipkart founder Sachin Bansal-led Navi Finserv, DMI Finance, Asirvad Micro Finance and ...

A spokesperson from Flipkart co-founder led Sachin Bansal’s Navi Finserv said that they are reviewing the directions from the ...

In September 2022, the RBI came out with guidelines on digital lending aimed at protecting customers from unethical business ...

Reserve Bank of India bars four non-banking finance companies, including two microfinance institutions, in a disciplinary ...

The transaction, if it gets processed, will be among the largest individual investments in a new-age firm, similar to the $100 million bet taken by Flipkart’s other founder Sachin Bansal in Ola ...