The Reserve Bank of India has lifted the restrictions on Asirvad Micro Finance and DMI Finance, effective immediately, ...
RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart ...
Reserve Bank of India (RBI) lifted restrictions on all four non-banking financial companies (NBFC) imposed in October for ...
Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...
Morgan Stanley highlighted that the RBI has lifted restrictions on Asirvad Micro Finance with immediate effect. Morgan ...
On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of ...
While Asirvad is expected to witness a gradual improvement in new business volumes, it will still have to weather the ...
Manappuram had acquired Asirvad in 2015. The unit contributes 25% to Manappuram's overall Assets Under Management (AUM).
The RBI's decision to lift lending restrictions on Asirvad Micro Finance and DMI Finance followed a review of their revised ...
The Reserve Bank of India lifted restrictions on Asirvad Micro Finance and DMI Finance. These restrictions had been imposed ...
RBI lifts supervisory restrictions on Asirvad Micro Finance and DMI Finance, following compliance and remedial actions.
RBI said in a statement that it is satisfied with the companies’ submissions over their revamped processes, and commitment to ...