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.

Manappuram Finance is one of India's most renowned non-banking financial corporations that deals with financial transactions involving gold loans and other fiscal assistance instruments. RBI Lifts Ban ...

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 RBI on Wednesday removed restrictions imposed on DMI Finance and Manappuram Finance-owned Asirvad Micro Finance with immediate effect. The regulator had in October barred the two companies, along ...

Markets closed lower as weak global cues and earnings concerns weighed on sentiment. Realty and banking sectors dragged ...

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

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 ...

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 ...

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.

The Reserve Bank of India (RBI) had in October barred four non-banking financial companies (NBFCs), which included Manappuram's unit Asirvad Micro Finance, from issuing loans due to "usurious" pricing ...

As named by the RBI in its order yesterday, Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Navi Finserv failed to adhere to the Fair Practices Code and did not properly assess ...