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RBI lifts restrictions on Bajaj Finance's eCOM, online digital 'Insta EMI Card' with immediate effect

On November 15, 2023, the Reserve Bank of India directed Bajaj Finance to stop sanction and disbursal of loans under its two lending products ‘eCOM’ and ‘Insta EMI Card’, with immediate effect. ....

Reserve Bank , Bajaj Finance , Key Fact Statements ,

Why Has RBI Barred Kotak Mahindra Bank from Adding New Customers Online? What's Next for the Lender?

The RBI said Kotak Mahindra Bank was found to be non-compliant with the corrective action plans issued for 2022-23. The lender lacks ‘robust IT infrastructure and IT Risk Management framework’, and its online and digital banking channels have suffered frequent outages in the last two years ....

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Bajaj Finance says complied with RBI's directions; formally seeks review of restrictions imposed

On November 15, 2023, the RBI directed Bajaj Finance to stop sanction and disbursal of loans under its two lending products ‘eCOM’ and ‘Insta EMI Card’, with immediate effect ....

Bajaj Finance , Reserve Bank , Key Fact Statements , Business Restrictions ,

Bajaj Finance Q4 results: Here are five key highlights

In the January-March quarter, the consolidated assets under management (AUM) of the company grew 34 percent on-year to Rs 3.31 lakh crore, as compared to Rs 2.47 lakh crore in a similar period last year. ....

Bajaj Finance , Bajaj Housing Finance , Bajaj Financial , Reserve Bank , Key Fact Statements , Housing Finance , Bajaj Finance , 4 Earnings ,

Analyst Call Tracker | Street bullish on Bajaj Finance despite RBI's risk-weight norms, ban on products

As per Moneycontrol’s analyst call tracker, Bajaj Finance bagged 29 ‘buy’ calls from brokerages in the past month, two ‘hold’ and four ‘sell’ calls ....

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