Navi Finserv raised over Rs 1,200 Cr since RBI lifted the lending ban

Q: How long will it take to read this news story?

The story "Navi Finserv raised over Rs 1,200 Cr since RBI lifted the lending ban" has 291 words across 18 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Navi Finserv raised over Rs 1,200 Cr since RBI lifted the lending ban" was covered 2 days ago by YourStory, a news publisher based in India.

Q: How trustworthy is 'YourStory' news outlet?

YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news. The outlet is headquartered in India and publishes an average of 7 news stories per day. It's most recent story was published 11 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25501401</li><li>URL: https://beamstart.com/news/navi-finserv-raised-over-rs-17379825368051</li></ul>

YourStory Logo YourStory 2d ago

Navi Finserv raised over Rs 1,200 Cr since RBI lifted the lending ban - YourStory

Quick Summary:

The RBI barred Navi Finserv from lending and disbursing loans until December 2024 due to regulatory concerns, including pricing policies and non-compliance issues.

"Over the years, Navi Finserv has built strong and enduring collaborations with its partners, and I am grateful to each one of our partners who have stood by their conviction in the company, its processes and systems," Sachin Bansal, Executive Director and CEO of Navi Finserv, said in a statement.

It announced the fundraising event at its second annual Lenders Summit held at its Bengaluru headquarters.