RBI lifts supervisory restrictions on Ashirvad Micro Finance and DMI Finance after corrective actions, ensuring adherence to guidelines.

Two of these companies have now been allowed to resume their lending operations, according to an RBI statement.

In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance ...

Creating mass demand, leading to a boom in investment, is necessary; encouraging consuming classes to spend will help ...

The Reserve Bank of India has lifted the restrictions on Asirvad Micro Finance and DMI Finance, effective immediately, ...

Earlier on October 17 last year, the central bank had ordered these two NBFCs to "cease and desist from sanction and ...

The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with ...

The Reserve Bank of India has removed restrictions on Asirvad Micro Finance and DMI Finance following satisfactory compliance ...

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 ...

The Reserve Bank of India has updated the rules for credit report updates. Under the new rule, each individual's credit score ...

Industry body CII expects the RBI to cut the benchmark interest rates next month to support sagging growth, its President ...

RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart ...