With an aim to build science, technology and innovation (STI) capacities to enhance community resilience against health and livelihood uncertainties, Community Resilience Resource Centres (CRRCs) ...
In an interaction with Business Standard, Alok Misra, chief executive officer of Microfinance Institutions Network (MFIN), a ...
It, however, needs to be noted that the company shares have incurred bigger loses in the trading sessions over the past 6 ...
The microfinance (MFI) sector in India faces significant challenges due to aggressive growth strategies, inadequate risk ...
The Reserve Bank of India (RBI) has announced the immediate removal of restrictions on two non-banking financial companies ...
The Reserve Bank of India has eased supervisory restrictions on several non-banking financial companies, including Asirvad Micro Finance, Navi Finserv, and Bajaj Finance, after they improved ...
High interest rates and tighter regulations have been cited as contributors to weak demand and a slowdown in India's economic ...
Image: PTI The RBI had in October, 2024, taken action against four NBFCs -- Asirvad Micro Finance Ltd, Arohan Financial Services Ltd, DMI Finance and Navi Finserv -- citing material supervisory ...
The regulator had in October barred the two companies, along with Arohan Financial Services and Navi Finserv, from sanctioning and disbursing loans due to "usurious" pricing and charging a ...
The central bank now has lifted sanctions on all four NBFCs that were barred from disbursing loans in October. The RBI had ...
On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of ...