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RBI Ends Sanctions on Asirvad and DMI for Fair Pricing Compliance
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.
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India's central bank lifts lending ban on Asirvad Micro Finance, DMI Finance
The Reserve Bank of India (RBI) in October barred four NBFCs, including Manappuram Finance's unit Asirvad Micro Finance as well as DMI Finance, from issuing Story by Reuters • 5m ...
The Financial Express17d
RBI lifts restrictions on Asirvad, 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 ...
Mint17d
Why excitement in Manappuram stock post lifting of microfinance ban faded
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 ...
moneycontrol.com24d
MFIN defers capping lenders to each borrower by three months, other covenants come into effect
These entities were Asirvad Micro Finance, Arohan Financial Services, DMI Finance, and Navi Finserv, as per central bank's notification. RBI said it had observed concerns in the pricing policy ...
Mint17d
Manappuram Finance share price rise 6% as RBI lifts curbs on subsidiary Asirvad Micro Finance
Stock Market Today: Manappuram Financ e share price gained 6% in the morning trades on Thursday after the Reserve Bank of India (RBI) lifted curbs on its subsidiary Asirvad Micro Finance.