Sachin Bansal-controlled lending fintech Navi Finserv’s promises to the Reserve Bank of India didn't change anything on ground and forcing the RBI eventually took stern action against the ...

The Reserve Bank of India on Thursday barred Bengaluru headquartered-Navi Finserv and three others to cease and desist from sanction and disbursal of loans, effective October 21. The Reserve Bank ...

This time they are in the form of an RBI direction that temporarily barred Navi Finserv, his investment and credit venture, from sanctioning and disbursing new loans from the close of business on 21 ...

In a big blow to Flipkart founder Sachin Bansal, the Reserve Bank of India has banned his digital lending platform, Navi Finserv Limited from disbursing loans which will come into effect from ...

RBI orders four NBFCs, including Asirvad Micro Finance, Arohan Financial Services, DMI Finance, and Navi Finserv, to cease loan disbursals due to regulatory violations related to excessive pricing ...

The Reserve Bank of India (RBI) has temporarily barred four non-bank lenders—Sachin Bansal's Navi Finserv, DMI Finance, Asirvad Micro Finance Ltd (backed by Manappuram Finance), and Arohan Finan ...

The Reserve Bank of India on Thursday barred Bengaluru headquartered-Navi Finserv and three others to cease and desist from sanction and disbursal of loans, effective October 21. In a statement ...

The RBI has asked Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance to 'cease and desist' sanction and disbursal of loans. The move came as the central bank over the past ...

The Reserve Bank of India (RBI) has issued a directive to four non-banking financial companies (NBFCs), including DMI Finance—backed by MUFG Bank—and NAVI, led by Sachin Bansal, to cease loan ...

India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, citing excessive interest rates and regulatory breaches. The Reserve ...

Reserve Bank of India (RBI) has issued a cease and desist order to several NBFCs, including DMI Finance and Navi Finserv, due to supervisory concerns related to their pricing policies.

Separately, Navi Finserv said in a statement it was committed to conducting its business “with the highest standards of compliance, customer service, and transparency”. It said that it was reviewing ...