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.

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 ...

In an interaction with Business Standard, Alok Misra, chief executive officer of Microfinance Institutions Network (MFIN), a self-regulatory body (SRO), said, “December field report gives us positive ...

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 ...

On October 17, the Reserve Bank of India took action against four NBFCs and NBFC-MFI citing material supervisory concerns, including Asirvad Microfinance. Manappuram Finance first bought 71 ...

In a major regulatory relief for two microfinance companies, the Reserve Bank of India has removed supervisory restrictions on Asirvad Micro Finance and DMI Finance Private, lifting curbs on ...

Manappuram Finance Ltd stock rose 5.5% in early trade on Thursday after the Reserve Bank of India (RBI) lifted restrictions on its microfinance arm, Asirvad Micro Finance Ltd (AMFL), with ...

After the RBI lifted the ban on its microlending arm Asirvad Micro Finance, shares of Manappuram Finance gained over 6 per cent. Meanwhile, investors will keep a watch on the timeline of Asirvad Micro ...

category India's central bank lifts ban on Asirvad Micro Finance, DMI Finance 12:51 PM UTC · Updated ago Indiacategory One body recovered from flooded Indian mine as rescuers search for trapped ...

Indian shares were subdued on Thursday, tracking weak cues from global markets as Chinese inflation data disappointed and reports ...