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RBI bars 4 NBFCs from issuing loans due to excessive, non-compliant pricing policies.
The Reserve Bank of India (RBI) has barred four non-banking financial companies—Navi Finserv, Asirvad Micro Finance, Arohan Financial Services, and DMI Finance—from issuing loans starting October 21 due to excessive and non-compliant pricing policies.
The RBI identified issues with their weighted average lending rates and interest spreads.
The restrictions will remain until these companies address the concerns and confirm remedial actions.
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RBI impide a 4 NBFC emitir préstamos debido a políticas de precios excesivas e insatisfactorias.