Dmi Finance

RBI removes supervisory curbs on Asirvad and DMI Finance

RBI said in a statement that it is satisfied with the companies’ submissions over their revamped processes, and commitment to adhere to regulatory guidelines on an ongoing basis.

RBI ban on Navi, three more NBFCs leaves fintechs worried

RBI on Thursday barred Bengaluru headquartered-Navi Finserv and three more NBFCs to stop disbursing loans from October 21

DMI Finance to raise funds from MUFG at $3 billion valuation

MUFG is set to buy around $330 million of stock in the company, DMI Finance co-founder Shivashish Chatterjee said in an interview Wednesday

DMI Group acquires BNPL startup ZestMoney in a fire sale deal

DMI Finance was in the fray to acquire ZestMoney. Aditya Birla Finance, Piramal and Hero Fincorp who were also in the race had backed out citing high exposure

DMI Finance likely to close acquisition of BNPL firm ZestMoney in next two weeks

According to sources, the officials of DMI Finance held a meeting with the employees including the ones that received the pink slips from ZestMoney regarding the fire sale and said that most of them will retain their jobs in the startup

Burman family acquires strategic stake in DMI Finance

The Burman family, promoters of consumer goods company Dabur, today announced acquisition of a strategic stake in DMI Finance. DMI Finance is a Non-Banking Financial Company (NBFC) specialising in senior-secured lending.