RBI removes sanctions on Asirvad Micro Finance and DMI Finance – Times of India
NEW DELHI: The Reserve Bank of India (RBI) has announced the immediate removal of restrictions on Asirvad Micro Finance and DMI Finance, which were imposed on 21 October last year. The restrictions barred the two entities from sanctioning and disbursing loans.After RBI’s sanctions, both companies initiated corrective measures and submitted compliance reports to the central…