India cenbank removes ban on Navi Finserv from sanctioning, disbursing new loans

India cenbank removes ban on Navi Finserv from sanctioning, disbursing new loans

India's central bank has lifted restrictions on Navi Finserv and three other NBFCs for violating pricing policies. RBI found excessive charges and non-compliance with regulations. NBFCs are warned against aggressive growth by RBI governor Shaktikanta Das.

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