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India's Navi Finserv withdraws bond sale
India's Navi Finserv withdraws bond sale after RBI action, traders say
India's Navi Finserv has withdrawn a planned bond sale scheduled for bidding later in the day, five merchant bankers said on Monday, days after the country's financial regulator barred the non-bank finance company (NBFC) from issuing new loans.
Navi failed to keep its promises to RBI, forcing regulatory action
RBI has said remedial actions will see the restrictions lifted, but it remains to be seen how soon this can be done. The companies need to fix multiple issues
Navi Finserv cancels planned bond issuance of Rs 100 cr after RBI action
This decision comes in the wake of regulatory action taken against the NBFC last week, which prohibited it from sanctioning and disbursing additional loans
India's Navi Finserv withdraws bond sale days after RBI action
India's Navi Finserv has withdrawn a planned bond sale scheduled for bidding on Monday, the firm said, days after the country's financial regulator barred the non-bank finance company (NBFC) from issuing new loans.
Navi Finserv withdraws bond sale following RBI ban on new loans: Report
The company had intended to raise Rs 1 billion (nearly $12 million) through two-year and three-month bonds, offering a coupon of 10.40%, payable quarterly.
17h
Navi Mumbai BJP chief Sandeep Naik to quit party, may contest on Sharad Pawar's NCP ticket: Sources
Navi Mumbai district Bharatiya Janata Party (BJP) president Sandeep Naik may quit the party after being denied a ticket for ...
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on MSN
RBI ban a 'temporary pause', have enough liquidity, Navi tells investors
Navi’s management said debt repayments worth ₹3,027 crore that are due over the next six months will be taken care of through collections from customers. It also has a strong liquidity buffer of ...
5d
India’s central bank orders Sachin Bansal’s Navi to halt loans
India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, ...
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Sui to Make Native USDC Available Through NAVI Protocol
In its pursuit to provide the highest level of asset composability on the Sui network, the NAVI Protocol will fully integrate ...
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Mumbai ATC to take most initial load of Navi Mum air traffic
Discover how Mumbai's air traffic control (ATC) will manage the initial air traffic for the upcoming Navi Mumbai airport, ...
7d
AMD's Navi 44 "RDNA 4" GPU package size could be much smaller than Navi 33
Navi 44 will reportedly feature a package size of just 29 x 29 mm, or 841 sq mm. This makes it approximately 31 percent ...
Ukrainska Pravda on MSN
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Ukrainian esports team NAVI wins IEM Rio 2024 in epic final
The Ukrainian esports team Natus Vincere (NAVI) has secured a decisive victory against the German organisation MOUZ (ranked ...
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Rupa Group Expands into Hospitality with Innovative Concepts, Enhancing Navi Mumbai’s Dining Experience
Rupa Group, a leading name in the real estate sector, has made a significant expansion into the hospitality space, unveiling ...
2d
on MSN
Baba Siddique murder case: Mumbai crime branch arrests 10th accused from Navi Mumbai
Mumbai Police have arrested a 10th suspect, Bhagwant Singh, in the high-profile murder case of NCP Leader Baba Siddique.
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