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.

Microfinance lenders like Ujjivan Small Finance Bank, Arohan Financial Services, and Asirvad Micro Finance have reduced their ...

It, however, needs to be noted that the company shares have incurred bigger loses in the trading sessions over the past 6 months, which also includes the period of the ban on Asirvad in October. In 6 ...

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 Reserve Bank of India (RBI) in October barred four NBFCs, including Manappuram Finance's unit Asirvad Micro Finance as well as DMI Finance, from issuing loans due to "usurious" pricing and ...

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 ...

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 ...

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 ...

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 ...

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 ...

Stock-specific action Manappuram Finance remained in focus after the Reserve Bank of India lifted restrictions on its subsidiary, Asirvad Micro Finance, boosting investor confidence. Advait Energy ...