RBI Lifts Restrictions on Sachin Bansalled Navi Finserv
- RBI lifted restrictions on Sachin Bansalled Navi Finserv with immediate effect.
- The move follows a month-long ban on the nonbanking finance company from sanctioning loans or charging high interest rates.
- RBI had several rounds of interaction with Navi Finserv for rectification of deficiencies.
- The company has worked to address identified deficiencies and revamp its processes and systems.
- Navi Finserv is looking towards delivering transparent, complaint financial solutions to the customer first.
- Sachin Bansal, CEO has thanks RBI for guidance and support.
