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Bajaj Finance's shares declined 2 % to Rs. 7,219 on November 17 after the Reserve Bank of India raised the risk weight on Non-Banking Financial Companies.

RBI's risk-weighting norms; Ban Products of Bajaj Finance

The Reserve Bank of India (RBI) strengthened the restrictions for consumer lending and bank credit to non-banking financial companies (NBFCs), according to a notification issued.

RBI fastens Regulatory measures towards consumer credit and bank credit to NBFC

RBI has imposed a monetary penalty of Rs.42.78 lakh on Manappuram Finance Limited, Thrissur for non-compliance with certain provisions of NBFC Direction.

RBI imposes monetary penalty on Manappuram Finance Limited

RBI has imposed a monetary penalty of Rs.90.92 Lakh on Axis Bank Ltd. for non-compliance with certain directions issued by RBI on ‘RBI (KYC) Directions, 2016.

RBI imposes Monetary Penalty on Axis Bank Ltd

RBI has imposed a monetary penalty of Rs.20 lakh on Anand Rathi Global Finance Limited for non-compliance with certain provisions of the RBI (KYC) Directions, 2016.

RBI imposes monetary penalty on Anand Rathi Global Finance Limited Mumbai

The Reserve Bank of India has taken action against Bajaj Finance Ltd. under Section 45L(1)(b) of the RBI Act, 1934 due to non-adherence of Digital lending guidelines.

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RBI's risk-weighting norms; Ban Products of Bajaj Finance

RBI fastens Regulatory measures towards consumer credit and bank credit to NBFC

RBI imposes monetary penalty on Manappuram Finance Limited

RBI imposes Monetary Penalty on Axis Bank Ltd

RBI imposes monetary penalty on Anand Rathi Global Finance Limited Mumbai

RBI takes action against Bajaj Finance due to non-adherence of Digital lending guidelines