Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...
Reserve Bank of India (RBI) lifted restrictions on all four non-banking financial companies (NBFC) imposed in October for ...
While Asirvad is expected to witness a gradual improvement in new business volumes, it will still have to weather the ...
RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart ...
After the RBI lifted the ban on its microlending arm Asirvad Micro Finance, shares of Manappuram Finance gained over 6 per ...
Morgan Stanley highlighted that the RBI has lifted restrictions on Asirvad Micro Finance with immediate effect. Morgan ...
Manappuram had acquired Asirvad in 2015. The unit contributes 25% to Manappuram's overall Assets Under Management (AUM).
The RBI's decision to lift lending restrictions on Asirvad Micro Finance and DMI Finance followed a review of their revised ...
RBI said in a statement that it is satisfied with the companies’ submissions over their revamped processes, and commitment to ...
The Reserve Bank of India has lifted the restrictions on Asirvad Micro Finance and DMI Finance, effective immediately, ...
RBI lifts supervisory restrictions on Asirvad Micro Finance and DMI Finance, following compliance and remedial actions.
On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of ...