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Manappuram Finance shares surge after RBI lifts ban on unit
Shares of gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the RBI removed restrictions imposed on the company’s unit.
Manappuram Fin up 6% as RBI lifts restrictions on arm Asirvad Micro Finance
Reserve Bank of India (RBI) lifted restrictions on all four non-banking financial companies (NBFC) imposed in October for charging exorbitant interest rates to the borrowers
RBI allows Asirvad, DMI Finance to resume lending operations
The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, according to an RBI circular issued on Wednesday.
RBI Lifts Loan Restrictions On Asirvad Micro Finance And DMI Finance
In a significant regulatory relief, the Reserve Bank of India (RBI) has lifted the supervisory restrictions on Asirvad Micro Finance and DMI Finance Private, effective immediately. The curbs, imposed in October 2024,
India's Manappuram Finance surges after central bank lifts ban on unit
Shares of Indian gold loan financier Manappuram Finance rose as much as 7% on Thursday, a day after the country's central bank removed restrictions imposed on the company's unit.
28m
on MSN
KredX secures licence from RBI to operate as a TReDS platform
KredX is the fifth company to secure this licence from the central bank. The other four are: Receivables Exchange of India ...
The Financial Express
1h
RBI’s innovation arm, IIMA Ventures launch startup programme for women’s financial inclusion
The programme is currently inviting applications from startups working on gender-inclusive financial solutions, targeting ...
2d
CBI/RBI Schemes: Opportunities, Risks And The Need For AML Compliance
CBI/RBI schemes, once intended and designed to facilitate the diversification of less privileged countries' economies, are ...
cnbctv18
8h
Microfinancers urge RBI to relax regulatory norms
Around 25 MFIs met with the Finance Ministry, seeking a revived credit guarantee scheme, dedicated funding, and relaxed RBI ...
15h
RBI emerges as the second-largest central bank gold buyer worldwide till November 2024: WGC
The fall in gold prices in November after Donald Trump won the US presidential elections offered an opportunity to some of ...
3d
RBI Should Allow More Rupee Volatility, Ex-Central Banker Says
A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
3d
on MSN
Rupee slips to record low but likely RBI intervention caps losses
The Indian rupee slipped to an all-time low in early trade on Monday, pressured by broad-based dollar bids while likely ...
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