DMI, Microfinance and RBI

RBI removes sanctions on Asirvad Micro Finance and DMI Finance
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. The restrictions had been placed on 21 October last year,
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 disbursals with immediate effect.
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 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,
RBI lifts ban on NBFCs Asirvad Micro Finance and DMI Finance
The Reserve Bank of India lifted restrictions on Asirvad Micro Finance and DMI Finance. These restrictions had been imposed in October 2024 due to non-compliance with regulatory guidelines. After remedial measures and compliance reports were submitted by the companies,
RBI introduces new credit report rules: Know how it will affect your credit score
The Reserve Bank of India has updated the rules for credit report updates. Under the new rule, each individual's credit score ...
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Expect RBI to cut interest rates next month; Budget must focus on job creation: CII president
Industry body CII expects the RBI to cut the benchmark interest rates next month to support sagging growth, its President ...
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How RBI's new 15-day credit reporting rule impacts loan borrowers
The RBI's revised regulation also seeks to end 'evergreening,' a practice where borrowers take new loans to repay old ones, ...
Complaints about credit score not addressed? Here’s what RBI has told banks and credit information firms to do
What is a credit score – and why is it important? What’s a good credit score? Why has the central bank stepped in, and what ...
New RBI chief faces calls to unshackle rupee as dollar rises
MUMBAI : India’s new central bank head faces a tough decision on managing the rupee’s exchange rate — focus on squeezing ...
Should the RBI loosen its grip? Former deputy governor advocates for more rupee flexibility
A former deputy governor of the Reserve Bank of India (RBI) has voiced his opinion that the central bank should ease its ...
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RBI lifts restrictions on Asirvad Micro Finance, DMI Finance
The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was initially imposed in October 2024. On October 21, ...
Govt Pegs India’s GDP Growth At 6.4 Per Cent For 2024-25; Agriculture Bounces Back, Services Surge
India’s economy clocked a GDP growth rate of 5.4 per cent for the second quarter (July-September) of the current financial ...