for raising INR 600 Cr The Reserve Bank of India (RBI) on Tuesday rejected the application of Flipkart cofounder Sachin Bansal-backed Chaitanya India Fin Credit for an ‘on tap’ universal ...

The Reserve Bank of India rejected Chaitanya’s application for banking application last year, further complicating Navi Group’s plan for an IPO at a time when most firms were deferring plans ...

says Bansal Flipkart cofounder Sachin Bansal’s Chaitanya India Fin Credit (CIFCPL) has submitted an application to the Reserve Bank of India (RBI) for a universal bank license. The license is ...

The company operates under the regulatory framework of the Reserve Bank of India’s Core Investment Companies (Reserve Bank) Directions, 2016. SMPL and CIFCPL both specialise in providing ...

In 2022, the Reserve Bank of India determined Chaitanya India Fin Credit to be unsuitable for an 'on tap' banking license. JM Financial Limited played the role of exclusive financial advisor to ...

New Delhi, Sep 1 () Bank of India (BoI) on Tuesday said Executive Director C G Chaitanya has demitted office upon his retirement. "This is to inform that the tenure of C G Chaitanya, Executive ...

The Reserve Bank has rejected the application of Chaitanya India Fin Credit Private Limited, a microfinance entity of Navi Technologies, for on-tap universal private bank licenses and small ...