RBI Bars Asirvad Micro Finance, DMI Finance, 2 Others from Loan Sanction, Disbursal

This action is based on material supervisory concerns observed in the Pricing Policy of these companies and the interest spread charged over their cost of funds, which are found to be excessive, according to the RBI.

Oct 17, 2024 - 20:30
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RBI Bars Asirvad Micro Finance, DMI Finance, 2 Others from Loan Sanction, Disbursal
This action is based on material supervisory concerns observed in the Pricing Policy of these companies and the interest spread charged over their cost of funds, which are found to be excessive, according to the RBI.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!