RBI Lifts Supervisory Restrictions on Navi Finserv:
The Reserve Bank of India (RBI) lifted the supervisory restrictions imposed on Navi Finserv, a non-banking financial company (NBFC) led by Sachin Bansal. This decision comes after the company took significant corrective measures to address the regulatory concerns that had led to the imposition of restrictions on October 17, 2024, primarily related to loan pricing practices and non-compliance with lending norms.
