Navi Finserv, RBI and sachin bansal

India cenbank removes ban on Navi Finserv from sanctioning, disbursing new loans
India's central bank said on Monday it has removed restrictions it had imposed on non-banking finance company (NBFC) Navi Finserv against any fresh loan sanctions and disbursals with immediate effect.
RBI Lifts Lending Ban on Sachin Bansal’s Navi Finserv
The Reserve Bank of India (RBI) startled many by removing lending limits on Navi Finserv Ltd, a non-banking financial company (NBFC) that Sachin Bansal, a co-founder of Flipkart, created.
RBI Lifts Loan Restrictions on Navi Finserv
The Reserve Bank of India removed the restrictions on Navi Finserv's loan sanctions and disbursals. Initially, the restrictions were due to concerns about excessive interest rates. Following several adjustments and reforms by Navi Finserv,
RBI lifts lending restrictions on Navi Finserv after remedial actions
The RBI’s decision to lift the restrictions follows a series of interactions with Navi Finserv wherein the NBFC committed to implementing revamped processes and systems to ensure adherence to regulatory guidelines.
Sachin Bansal-led Navi Finserv Gets RBI Relief; Restrictions Lifted - Details
The Reserve Bank of India on Monday lifted the restriction that it had earlier announced on Navi Finserv Limited, which is a non-banking finance company (NBFC). Sachin Bansal-led NBFC, made several reforms in its operations as well as regulatory norms which is why the central bank has announced the upliftment of said ban.
RBI lifts supervisory restrictions on Sachin Bansal-led Navi Finserv
Following the imposition of restrictions on Navi, the lender cancelled a scheduled fund raising activity of Rs 100 crore. Rating agency CRISIL had also put Navi's ratings on "rating watch"
RBI Lifts Restrictions on Navi Finserv: Sachin Bansal's Company Resumes Loan Disbursements
The Reserve Bank of India has lifted restrictions on Navi Finserv, allowing the company to resume loan disbursals after addressing concerns over its lending practices. The decision follows several rounds of interaction between the RBI and Navi Finserv.
RBI Lifts Curbs On Sachin Bansal’s Navi Finserv
The RBI said that it has decided to lift the restrictions placed on Sachin Bansal-led Navi Finserv to sanction and disburse loans
RBI lifts loan disbursal curbs on Sachin Bansal’s Navi Finserv
In a statement, Navi Finserv said that it has worked to address identified deficiencies, and revamp its processes and systems, to the satisfaction of the RBI.
RBI Lifts Restrictions On Sachin Bansal-Led Navi Finserv Immediately
The RBI in October had prohibited Navi Finserv, Asirvad Micro Finance, Arohan Financial Services, and DMI Finance from issuing loans due to concerns over high lending rates.
RBI lifts loan disbursal curbs on Sachin Bansal-led Navi Finserv
The Reserve Bank of India lifted the ban imposed on Sachin Bansal-led non-banking financial company (NBFC) Navi Finserv Limited on Monday.
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RBI Lifts Restrictions On Sachin Bansal's Navi Finserv After Compliance Efforts
The central bank had initially imposed restrictions on Navi Finserv, along with three other non-banking financial ...
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Decoding Navi’s DRHP: How Sachin Bansal’s Fintech Giant Is Poised Ahead Of INR 4000 Cr IPO
The funds raised will be used to invest INR 2,370 Cr in Navi Finserv (NFPL) and another INR 150 Cr in Navi General Insurance Limited (NGIL). The rest of the amount has been saved for use in ...