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.

Following the imposition of restrictions on Navi, the lender cancelled a scheduled fund raising activity of Rs 100 crore.

What does India's latest GDP reading mean for the economy? Is it in line with the Q2 corporate earnings? Can you expect a ...

India's central bank said on Monday it has removed restrictions it had imposed on non-banking finance company (NBFC) Navi ...

India's economic growth slumped to a seven-quarter low of 5.4% in Q2, against the RBI's estimate of 7%, thanks to slowing ...

Since April 2022, RBI's monetary policy has advanced smoothly, but recent GDP data reveals a significant slowdown. The government suggests a lower policy rate, leading to discussions on the necessity ...

Subbarao also said even for BRICS, there are internal differences about bringing out an alternative to the US Dollar.

Former RBI Governor questions feasibility of Trump's threat to impose 100% tariffs on BRICS countries moving from US dollar.

Donald Trump’s 100% tariff warning to BRICS nations over de-dollarisation is impractical, says ex-RBI Governor Subbarao, ...

The US President-elect also said even for BRICS, there are internal differences about bringing out an alternative to the US Dollar.

The RBI’s Monetary Policy Committee, chaired by Governor Shaktikanta Das, will announce its decision on December 6. With ...