In related news, Navi Finserv has called off its proposed ₹100 crore bond sale amid RBI's scrutiny over its lending practices ...

Navi Finserv, led by Sachin Bansal maintains liquidity buffers worth Rs 1,500 crore, ensuring that debt servicing will not be ...

Earlier this month, in RBI monetary policy committee meeting, governor Shaktikanta Das issued a strong warning to non-banking ...

Navi Finserv, the digital lending platform of Flipkart founder Sachin Bansal, along with three other financial service ...

The RBI has barred Navi Finserv, DMI, Asirvad, and Arohan from issuing new loans, citing excessive interest rates and ...

The Reserve Bank of India has banned four NBFCs from issuing new loans starting October 21, 2024, citing excessive lending ...

The reason behind the ban is due to concern related to the pricing policy of these companies in terms of their lending rates, ...

The non-banks lenders include former Flipkart founder Sachin Bansal-led Navi Finserv, DMI Finance, Asirvad Micro Finance and ...

Besides Navi Finserv, others who have been barred by the RBI include Asirvad Micro Finance, Arohan Financial Services and DMI ...

RBI has said remedial actions will see the restrictions lifted, but it remains to be seen how soon this can be done. The companies need to fix multiple issues ...

Navi’s management said debt repayments worth ₹3,027 crore that are due over the next six months will be taken care of through collections from customers. It also has a strong liquidity buffer of ...

India's central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, ...