Supreme Court finally delivered its 100+ pager verdict on 03 October 2024 in the case of Rajeev Bansal dealing with validity of 148 notices issued during the period of 01 April 2021 to 30 June 2021 ...

Finance is probably the easiest business to run – take deposits at X% interest rate, lend it at X plus % and pocket the difference. That’s as far as the theory goes. The reality, indeed, is a lot ...

The RBI's action was mainly driven by concerns over usurious lending practices. These include high interest rates, unfair and concealed fees, and evergreening of loans. Despite Navi's management ...

In a big blow to Flipkart founder Sachin Bansal, the Reserve Bank of India has banned his digital lending platform, Navi Finserv Limited from disbursing loans which will come into effect from ...

Bengaluru-based Navi Finserv, co-founded by Sachin Bansal, offers personal and home loans. The company is a wholly-owned subsidiary of Navi Technologies, which focuses on delivering financial ...

The Reserve Bank of India has banned four NBFCs from issuing new loans starting October 21, 2024, citing excessive lending rates and non-compliance with regulations. The Reserve Bank of India has ...

The Reserve Bank of India (RBI) has temporarily barred four non-bank lenders—Sachin Bansal's Navi Finserv, DMI Finance, Asirvad Micro Finance Ltd (backed by Manappuram Finance), and Arohan Finan ...

Navi was founded by Flipkart co-founder Sachin Bansal after he quit the e-commerce company, while Asirvad is a subsidiary of Manappuram Finance. “This action is based on material supervisory concerns ...

Jyoti Bansal, a 46-year-old IIT Delhi alumnus, sold his startup AppDynamics for $3.7 billion, turning 300 employees into millionaires. But surprisingly, he called it the "saddest day of his life".

The Reserve Bank of India on Thursday barred Bengaluru headquartered-Navi Finserv and three others to cease and desist from sanction and disbursal of loans, effective October 21. In a statement, t ...

A graduate of IIT Delhi and based in San Francisco, Jyoti Bansal, the founder of AppDynamics, decided to sell his company keeping the welfare of employees in mind. When tech giant Cisco offered to ...