RBI has banned four NBFCs from issuing loans, including DMI Finance, Navi Finserv, Asirvad Finance, and Arohan Financial. The ban will take effect from October 21, 2024.
Anonymous 1
Hey I am on Medial • 5m
It’s good that RBI is taking action to protect consumers, this security free loan thing is getting too out of hand
0 replies
More like this
Recommendations from Medial
Inactive
AprameyaAI • 11m
Today's scoop: 😋
Despite RBI action, Kotak Mahindra Bank stays strong, assuring customers of smooth operations. ☝️
While pausing new credit card issuances temporarily, they're on it—working hand in hand with regulators. ⛔
Stock prices took a hit
See More
3 replies4 likes
Rohan Saha
complicated Investor • 1y
why the RBI isn't taking any action against P2P platforms for accepting lenders' money on their own balance sheets. According to RBI guidelines, P2P platforms cannot accept money on their own balance sheet or provide rapid liquidity to any lender, ye
See More
4 replies8 likes
Celine
We see.. we claim!! • 1m
should i opt for impat exam which is integrated bba and mba from IIM's
will it be worth taking a loan of 30L ?
what are chances of getting placed in top companies after this program
out of 100 ???
0 replies2 likes
Rabbul Hussian
Hey I am on Medial • 1m
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years.
What is the repo rate?
It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
Protect Your Business with Besolve’s Cybersecurity Services! 🛡️
In today’s digital world, keeping your data safe is essential. At Besolve, we offer top-tier cybersecurity solutions to protect your business from cyber threats.
🔐 Security Assessmen
See More
1 replies1 like
techorate
Let's decorate your ... • 1m
Why Azure AD Matters for Businesses
Azure Active Directory (Azure AD) is more than just an authentication tool—it’s a comprehensive identity and access management solution that helps businesses:
Automate User Access – Assign, modify, and revoke per
See More
0 replies4 likes
Chamarti Sreekar
Passionate about Pos... • 1m
Apple Takes Major Action, Bans 135,000 Apps from the App Store!
In a sweeping move, Apple has removed 135,000 apps from its App Store, marking one of its biggest crackdowns to date.
This action is part of the company's ongoing efforts to maintain
See More
0 replies8 likes
Pratheek B Patil
Simply being myself • 11m
Intel is taking over Nvidia with its new Gaudi3
And compnay claims it’s better than Nvidia’s H100 in LLM’s
This was displayed in Intel Vision 2024 event in Phoenix, Ariz
Gaudi3 is third generation Ai Accelerator chip
Post you opinion on this bat
"Big Changes in Credit Score Rules by RBI – Here’s How It Affects You!"
Starting January 1, 2025, the RBI has introduced new rules that will make credit score updates faster and more accurate. Here’s what you need to know:
✅ Credit Score Updates Ev
See More
0 replies15 likes
Amanat Prakash
Building xces • 2m
Stay Strong Against Loan Recovery Harassment
If you or someone you know is being harassed by loan recovery agents, remember this: you have rights, and you don’t have to suffer in silence.
1: Protect Your Personal Details: Never share sensitive info