-
RBI Stops Loan Disbursement by Four NBFCs Including Navi Finserv Over Regulatory Breaches
18 Oct 2024 07:58 GMT
… our Terms of use
The Reserve Bank of India (RBI) has barred four NBFCs … based regulation directions. The RBI said that the entities … .
DMI Finance received an investment of Rs. 27.99 … In late September, the Reserve Bank of India notified that certain banks …
-
Manappuram Finance plummets 15% after RBI action, multiple downgrades
18 Oct 2024 05:42 GMT
… restrictions imposed by the Reserve Bank of India (RBI) on its subsidiary, … monetary policy meeting, RBI Governor Shaktikanta Das expressed … take some time for investor interest to rebound, … investors to check with certified experts before taking any investment …
-
Rupee pegged back by higher US yields; hopes of RBI intervention counters
18 Oct 2024 05:32 GMT
… -paisa range this week.
The Reserve Bank of India, like it has been for … volatility post 84.
"The RBI's conditioning of the … ;
The choppy oil prices, foreign investors taking out money in lieu …
-
Nestle India shares fall 2% as Q2 net profit falls marginally YoY. Should you invest?
18 Oct 2024 05:31 GMT
Shares of FMCG company Nestle India fell by 2.2% to their day’s low of Rs 2,327 on BSE after the company on Thursday reported a consolidated net profit of Rs 899 crore for the quarter ended September 30, 2024, slightly down from Rs 908 crore reported in …
-
Manappuram Finance shares in focus after RBI restrictions, multiple downgrades
18 Oct 2024 03:57 GMT
… in focus after the Reserve Bank of India (RBI) imposed restrictions on four … material supervisory concerns. The RBI directed these entities to cease … Stanley believes that the investor interest could take long … 167 from Rs 270.
RBI has imposed restrictions on …
-
P2P startups look to overhaul biz, processes amidst RBI crackdown
18 Oct 2024 00:36 GMT
… investment and withdrawal system, as they attempt to adhere to the Reserve Bank of India … | P2P investors take to social media to vent against new RBI rules … balk at RBI’s new rules, fear business disruption
“Our investors are …
-
RBI imposes restrictions on Asirvad Micro Finance, Arohan Financial Services, DMI Finance and Navi Finserv
17 Oct 2024 17:54 GMT
The Reserve Bank of India has imposed business … Finserv Ltd are classified as investment & credit companies.
… monthly monetary policy statement, RBI Governor Shaktikanta Das noted … sometimes under pressure from their investors, some NBFCs – including …
-
RBI bars Sachin Bansal's Navi Finserv, three other NBFCs from lending over pricing violations
17 Oct 2024 17:25 GMT
The Reserve Bank of India (RBI) has temporarily … down with an additional investment of ₹2,798 crore … regulatory turbulence to maintain investor confidence and operational continuity … same to the honourable Reserve Bank of India within the stipulated timelines …
-
RBI Governor and ex-Titan chairman Shaktikanta Das pays homage to Ratan Tata
17 Oct 2024 16:53 GMT
Reserve Bank of India (RBI) Governor Shaktikanta Das paid … eternal peace.”
The 25th RBI Governor, Das, was nominated … that in his leadership, RBI introduced Scale-Based Regulations … unlock substantial value from its investments, further supporting the Trusts …
-
RBI bars Sachin Bansal’s Navi, PE-backed Arohan, DMI Finance from issuing loans
17 Oct 2024 15:14 GMT
… RBI head office in Mumbai. | Credit: Reuters/Danish Siddiqui
The Reserve Bank of India … shareholders. Its other investors include impact investor Maj Invest, Danish development … investment round in DMI Finance in April last year.
Meanwhile, the RBI …