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.

Trump on the weekend warned the so-called BRICS countries he would require a commitment that they wouldn’t create a new ...

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 ...