RBI lifts curbs on Ashirvad Micro Finance, DMI Finance
RBI lifts supervisory restrictions on Ashirvad Micro Finance and DMI Finance after corrective actions, ensuring adherence to guidelines.
RBI Allows Asirvad, DMI Finance To Resume Lending Operations
Two of these companies have now been allowed to resume their lending operations, according to an RBI statement.
Churn in the financial services ecosystem
In 2024, regulatory oversight was strengthened, digital public infra enhanced, and fintech innovation encouraged ...
FinMin meet: MFI representatives seek lowering of asset qualification norms
In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance ...
Reviving growth is a tall order
The slippage in capex and continuation of revenue deficit don’t augur well for growth. There’s also a need to nurture micro ...
Expect RBI to cut interest rates next month; Budget must focus on job creation: CII president
CII expects the RBI to cut interest rates next month to support growth. CII President Sanjiv Puri highlights the need for job ...
Rekindle the animal spirits
Creating mass demand, leading to a boom in investment, is necessary; encouraging consuming classes to spend will help ...
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, ...