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Microfinance, central bank
RBI Lifts Ban On Asirvad Micro Finance Limited, DMI Finance Private Limited - What Does This Mean?
The Reserve Bank of India, on Wednesday, lifted the restrictions imposed on in exercise of Asirvad Micro Finance Limited, DMI Finance Private Limited. Earlier this month, the central bank lifted the r
RBI lifts restrictions on Asirvad Micro Finance, DMI Finance
The Reserve Bank on Wednesday lifted the business restrictions placed on Chennai-based Asirvad Micro Finance and New Delhi-based DMI Finance with immediate effect
India's central bank lifts lending ban on Asirvad Micro Finance, DMI Finance
India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and DMI Finance, against any fresh loan sanctions and disbursals with immediate effect.
14h
on MSN
New RBI chief faces calls to unshackle rupee amid surging dollar
India’s new central bank head faces a tough decision on managing the rupee’s exchange rate — focus on squeezing volatility ...
GlobalData on MSN
2d
HDFC Bank gets Reserve Bank of India nod for stake hike in three banks
The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
50m
FinMin meet: MFI representatives seek lowering of asset qualification norms
In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance ...
2d
Rupee to stay under pressure, all eyes on central bank's defence of 85.80
The Indian rupee is tipped to stay under pressure on Monday with the U.S. dollar holding near a two-year peak, while traders ...
2d
India's gold reserve shines as RBI adds 8 tonnes in Nov, second-biggest buyer in 2024: WGC report
According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland ...
Crude Oil Prices
5h
India’s Power Generation Growth at Slowest Pace Since Covid
India's electricity generation growth slowed significantly in the second half of 2024 due to weaker economic activity.
1d
India forecasts 2024/25 economic growth of 6.4%, slowest in four years
India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of ...
6d
Bank Holidays in India 2025: A complete month-wise list of holidays across India
Enlisted below is an officially announced Reserve Bank of India's (RBI) list of holidays month-wise for different parts of ...
devdiscourse
10h
Forecasting India's Economic Momentum Amid Global Challenges
Despite global headwinds, India's economy is set to grow by 6.8% in FY 2025-26. Driven by robust economic indicators like ...
1d
Reserve Bank of India releases Draft Formats of Financial Statements of Co-operative Banks
RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...
3d
on MSN
India's forex reserves decline for third consecutive month, 12th slump in past 13 weeks
India's forex reserves decline for the twelfth time in 13 weeks, falling by $4.112 billion to $640.279 billion. The Reserve ...
devdiscourse
1d
India's Economic Trajectory: Slowing Growth Amid Inflation Challenges
India's economy projected to grow at 6.4% in 2024-25, down from 8.2% in 2023-24, as per the Ministry of Statistics. The ...
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