Bajaj Finance-RBI: The Reserve Bank of India has lifted the restrictions it had imposed on the sanction and disbursal of new loans on Bajaj Finance's 'eCOM' and online/digital Insta EMI card segments.
RBI said the non-banking finance company (NBFC) failed to issue ‘Key Fact Statements’ to the borrowers under these two lending products, and also found deficiencies in the Key Fact Statements already ...
The Reserve Bank of India has ordered Bajaj Finance Limited to halt the authorization and disbursement of loans under two of its lending products – ‘eCOM’ and ‘Insta EMI Card’ – with immediate effect ...
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