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RBI Enforces New Rules: Banks to Pay ₹100 Per Day if Complaints Remain Unresolved Beyond 30 Days
To strengthen consumer rights, the Reserve Bank of India (RBI) has introduced stringent measures against delays in addressing customer complaints. Banks and financial institutions failing to resolve ...
Manappuram Finance soars after RBI lifts restriction imposed on microfinance arm
Manappuram Finance jumped 4.53% to Rs 188.20 after the Reserve Bank of India lifted the restrictions imposed on Asirvad Micro Finance with respect to sanction or disbursal of loans with immediate ...
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Infinity Fincorp Solutions closes $35 Mn round
Infinity Fincorp Solutions, an RBI-registered non-banking financial company (NBFC), has raised $35 million from marquee ...
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Manappuram Finance - RBI Lifts Ban On Asirvad With Immediate Effect; A Positive Development: Motilal Oswal
While Asirvad is expected to witness a gradual improvement in new business volumes, it will still have to weather the ...