The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was initially imposed in October 2024.
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
Kochi (Kerala) [India], June 7: Asirvad Micro Finance Limited ('Asirvad'), a subsidiary of Manappuram Finance Limited (MAFIL) (BSE: 531213) (NSE: MANAPPURAM), has appointed Satish Nair as President and Chief Executive Officer (CEO).