Led by technology, powered by new thinking and driven by synergistic partnerships, DMI Finance
Location: India, Delhi
Employees: 501-1000
Founded date: 2008
Mentions in press and media 19
| Date | Title | Description |
| 22.10.2024 | Monetary policy dilemma: Control inflation or support growth, says RBI’s Patra | Uncertainty shocks for India tend to mimic aggregate supply shocks, with heightened uncertainty leading to slower growth but higher inflation, said RBI Deputy Governor Michael D Patra, even as he emphasised that this presents a dilemma for ... |
| 20.10.2024 | NBFCs in MFI space to face greater reporting rigour after RBI’s crackdown on 4 players | Non-bank players operating in the microfinance space may be subject to greater reporting rigour, with the Reserve Bank of India likely to ask them to submit granular monthly data on their weighted average lending rate and the spread they ch... |
| 18.10.2024 | RBI Cracks Down on Non-Banking Financial Companies: A Wake-Up Call for the Industry | The Reserve Bank of India (RBI) has taken a bold step. It has ordered four non-banking financial companies (NBFCs) to halt loan sanctioning and disbursement. This directive affects Navi Finserv, DMI Finance, Asirvad Micro Finance, and Aroha... |
| 17.10.2024 | RBI bars NAVI, DMI Finance and others from loan sanctioning and disbursal | The Reserve Bank of India (RBI) has issued a directive to four non-banking financial companies (NBFCs), including DMI Finance—backed by MUFG Bank—and NAVI, led by Sachin Bansal, to cease loan sanctioning and disbursement starting October 21... |
| 17.10.2024 | RBI imposes biz restrictions on Asirvad Micro Finance, Arohan Financial Services, DMI Finance and Navi Finserv | The Reserve Bank of India has imposed business restrictions on four non-banking finance companies (NBFCs) – Asirvad Micro Finance Ltd, Arohan Financial Services Ltd, DMI Finance Pvt Ltd and Navi Finserv Ltd, asking them to cease and desist ... |
| 04.10.2024 | Google Goes Beyond FinTech: Tier-II and Mid Cities as New Targets Will Gpay gold loan and Gemini in regional languages surpass PhonePe and Paytm dominance? | Not just in metro cities, but Tier-II and smaller cities have embraced the Unified Payments Interface (UPI), contributing significantly to India's digital payments market. In 2022 alone, more than 74 billion transactions worth INR 125.94 la... |
| 13.09.2024 | Moneyview Joins Unicorn Club After Fresh Capital Raise, Bolsters Services with Jify Acquisition With this acquisition, Moneyview aims to expand its financial services by integrating employee-focused s... | Moneyview, a consumer lending platform, has achieved unicorn status following a new funding round from existing investors, Accel India and Nexus Ventures. The company issued 60,23,382 equity shares at an issue price of INR 64.15 each, raisi... |
| 29.08.2024 | MUFG's Bold Bet on India's Fintech Future | In a world where finance is rapidly evolving, Mitsubishi UFJ Financial Group (MUFG) has made a significant move. The Japanese banking giant has poured an additional $334 million into DMI Finance, a key player in India's burgeoning fintech l... |
| 29.08.2024 | MUFG Boosts Investment in DMI Finance with $334 Million Bet Interim Chairmen Named for IOC and HPCL Asian Energy Services to Raise Rs 1.60 Billion via Convertible Warrants Oil Holds Steady as US Stock... | ECONOMY & POLICY MUFG Boosts Investment in DMI Finance with $334 Million Bet 29 Aug 2024 2 Min Read CW Team Mitsubishi UFJ Financial Group (MUFG), Japan's largest bank, has further strengthened its commitment to DMI Finance by investing... |
| 28.08.2024 | MUFG Bank hopes to step up pace of investments in India | MUFG Bank is hoping to step up the pace of investments in India, where it has an exposure of over $10 billion, including large corporate banking business and investments in start-ups, a top official said. Over the last five years, the Japan... |
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