The Reserve Bank of India (RBI) has ordered Navi Finserv and three other non-banking financial companies (NBFCs) to stop sanctioning and disbursing loans.
This action is due to excessive interest rates and non-compliance with RBI r...
The Reserve Bank of India (RBI) has issued amended guidelines for Peer-to-Peer (P2P) lending platforms, aiming to enhance transparency and curb irregular practices.
The new rules prohibit NBFC-P2P entities from assuming credit risk, ...
