Manappuram Finance shares tank 16% on RBI action against subsidiary
NBFC says it will do a comprehensive review of enterprise-wide governance, risk management and regulatory compliance before submitting it to RBI
navi finserv
October 2024
May 2022
RBI stops 4 NBFCs, including Sachin Bansal’s Navi, from disbursing loans
RBI says this action is based on concerns observed in the pricing policy of these NBFCs.
Sachin Bansal weighs options after RBI denies banking licence
This is not the end of the road and the company would also consider re-applying, says Sachin Bansal.
