As far as I know just a month back RBI audit was done at NAVI so I am they must have found irregularities to impose such sanctioned

Product Manager

What's going on in Navi, DMI finance?  After the recent RBI crackdown, disbursals have been closed for these startups.  Any inside info on this?

Welcome to Office Gossip's Private Community

What's going on in Navi, DMI finance?

After the recent RBI crackdown, disbursals have been closed for these startups.

Any inside info on this?

What's going on in Navi, DMI finance?

Software Engineer

What's going on in Navi, DMI finance?- Grapevine

Welcome to News Discussion's Private Community

- 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 regulations. 
- The business freeze will remain until the firms take corrective actions to the satisfaction of the RBI. 
- The restrictions will not affect existing loan servicing or collections. 
- Navi Finserv is committed to addressing all the concerns raised with promptness and completeness.

Source: [Inc42](https://inc42.com/buzz/rbi-bars-sachin-bansals-navi-finserv-from-disbursing-loans/)

RBI Halts Loan Disbursement by Sachin Bansal's Navi Finserv

Journalist

I've been hearing some pretty bad things about Navi's work culture - esp. in the analytics teams. Apart from the 12-14 hour days, apparently you're not even allowed to take leaves. If you want to go home for a few days, you're asked to apply for wfh for those days. If you want to wfh, you're asked to apply for a sick leave and then work nevertheless.
 
Can someone from Navi or otherwise confirm this?

Work culture at Navi

Team Lead

Welcome to Business Roles's Private Community

Is it true that most people from senior position (including the likes of Bajaj veteran in credit risk ), business heads from different verticals have resigned?

How's Navi Technologies?

Welcome to Indian Startups's Private Community

Any idea how is Fi doing right now? What is the work culture like? Are there any expected layoffs?

Head Of Growth

Happened last week. 

Navi does this half-yearly if not quarterly. Supposed to be performance based but systems and checks are not in place to assure the process is unbiased. 

Myntra - not an organisation which does layoffs much. 

Please shed some light.

Navi & Myntra - layoff or mass resignation???

Investor

What's the scene with Indian FinTech companies, like Jupiter, Razorpay, Navi, Fi, Cashfree etc...

I see some of them have started hiring again, are they a good option to join?

What's the current scene with Indian FinTech

Welcome to Fintech India's Private Community

Basis recent news article and interview of the founder, the company is in talks for external funding. Has the founder money run out, he is also talking about ipo in 2 years.

Navi looking at external funding?

Operations Manager

Fintech IPO candidates

Software Developer

Made the terrible mistake of buying a health insurance from this firm. Now with the latest app update it's trying to read my sms and access my contacts and won't proceed further until I allow the app all the permissions. 

Do you need to share your contacts to access your health cards in case of a medical emergency? 

Let's say someone from Navi - say Sachin Bansal - gets a blood cancer diagnosis or a brain tumor - will he/she be willing to share all the smses n contacts with a third party? 

Nobody in business has ever of made it big by being an ass hole and anti customer. Karma eventually balances you out. 

If there's anyone from Navi in this app, can you fix this internally?

Anyone from Navi insurance here? Planning to file a complaint with IRDA

https://www.reddit.com/r/delhi/s/UeCJTvE5kl

damn Navi, wtf

Business Analyst

HDFC, SBI, ICICI clearly the strongest. Startup credit companies usually work with Federal Bank, but they seem to be missing from this list, that's a bit weird? 

Can somebody from the fintech domain help me understand?

Credit card spends market share by bank. Why is there no Federal Bank here?

First, how is a BNPL company surviving?
They are hiring.
How is the culture there? Anyone knows?

How is SIMPL ?

Do you guys agree with the list? Anymore candidates

Dead 11

Oyo was the only Indian startup who had defined a  India specific problem, had a solution and had money to scale. What went wrong? What a pity. 
  
 In comparison Airbnb made it big...

Project Manager

RBI bans Bajaj Finance to stop lending under ecom and insta emi products with immediate effect- WHY?

Director Finance

Welcome to Software Engineers's Private Community

Navi Technology founded by Sachin Bansal is doing mass layoffs which started on Tuesday (11 July)

Mass Layoffs at Navi Technology

Damn no wonder they are firing 
 I know some average freshers who joined at 21 base last year  
 Overpaying for average talent always results in firing in startups,is what I have observed

Data Scientist

Does anyone know what kind of questions are asked in the Introductory interview round at Navi, will be helpful if you know specifically for product design.

Hearing another mass layoffs on the cards at a fintech startup that is into lending, insurance and mutual funds in Bengaluru, which had laid off about 20% in June last year !

What's going on in Navi, DMI finance?

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