The Reserve Bank of India (RBI) has announced the immediate removal of restrictions on two non-banking financial companies (NBFCs) – Chennai-based Asirvad Micro Finance and Delhi-based DMI Finance.

On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of ...

RBI said in a statement that it is satisfied with the companies’ submissions over their revamped processes, and commitment to adhere to regulatory guidelines on an ongoing basis.

The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, according to an RBI ...

Jan 8 (Reuters) - 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 ...

After the RBI lifted the ban on its microlending arm Asirvad Micro Finance, shares of Manappuram Finance gained over 6 per ...

In an interaction with Business Standard, Alok Misra, chief executive officer of Microfinance Institutions Network (MFIN), a ...

Manappuram Finance jumped 4.53% to Rs 188.20 after the Reserve Bank of India lifted the restrictions imposed on Asirvad Micro Finance with respect to sanction or disbursal of loans with immediate ...

Manappuram Finance share price gained more than 6% in the morning trades on Thursday. Company announced post market hours on ...

the Reserve Bank has decided to lift the aforementioned restrictions placed on both Asirvad Micro Finance and DMI Finance with immediate effect,” the RBI said. On October 17, the apex bank had ...

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