Navi CEO Sachin Bansal Steps Down Amid Rejig

• Navi Finserv has withdrawn its planned INR 1 Lakh Cr bond sale.
• The decision comes after the RBI barred Navi and three other NBFCs from issuing new loans due to high interest rates.
• Shobhit Agarwal, head of Navi's lending division,...

• The Reserve Bank of India (RBI) has ordered Navi Finserv and three other non-banking financial companies (NBFCs) to stop sanctioning and disbursing loans.
• This action is due to excessive interest rates and non-compliance with RBI r...

Is it true that most people from senior position (including the likes of Bajaj veteran in credit risk ), business heads from different verticals have resigned?

• Fintech unicorn Navi Finserv has closed a $24.5M loan securitisation deal with Goldman Sachs.
• The deal is backed by a pool of unsecured personal loans, originated and serviced by Navi Finserv.
• This follows a previous **...