The central bank needs to rein in its regulatory zeal. Scaring away capital won’t help absorb future loan losses.
Excesses spike in post-pandemic inflation and an uneven recovery that bypassed working-class families has aggravated the ...
The RBI recently barred four NBFCs, including DMI Finance and Navi Finserv, from lending due to supervisory concerns related ...
The NBFC stock has been under pressure after the RBI initiated action against its subsidiary Asirvad Micro Finance.
Motilal Oswal recommended Neutral rating on Manappuram Finance with a target price of Rs 160 in its research report dated October 18, 2024.
Navi’s management said debt repayments worth ₹3,027 crore that are due over the next six months will be taken care of through collections from customers. It also has a strong liquidity buffer of ...
To maintain financial stability, RBI has imposed restrictions on four NBFCs for excessive lending practices, signalling a ...
Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Navi Finserv—to stop disbursing new loans from.
The restrictions will be effective from October 21, 2024 on four NBFCs Asirvad Micro Finance (a subsidiary of Manappuram ...
In the very first hour of the intraday trade on Monday, the company shares dropped by a significant 4.69 per cent or Rs 7.19. This took the overall value of the NBFCs shares to Rs 146.08. This is much ...
MUMBAI: Non-bank Financial Companies (NBFCs) have never been under so much regulatory fire like they are in 2024. To be factually correct, the Reserve Bank’s ax ...
The Reserve Bank of India (RBI) has taken significant action against four non-banking financial companies (NBFCs) and microfinance institutions (MFIs). Effective October 21, 2024, the RBI has decided ...