Question

    Which Non-Banking Financial Company (NBFC) was ordered

    by the RBI to stop sanctioning and disbursing loans due to usurious pricing and regulatory violations?
    A Shriram City Union Finance Correct Answer Incorrect Answer
    B Asirvad Micro Finance Ltd. Correct Answer Incorrect Answer
    C Bajaj Finserv Ltd. Correct Answer Incorrect Answer
    D Tata Capital Financial Services Correct Answer Incorrect Answer
    E Manappuram Finance Ltd. Correct Answer Incorrect Answer

    Solution

    The RBI ordered Asirvad Micro Finance Ltd. to stop sanctioning and disbursing loans due to violations related to usurious pricing and regulatory non-compliance.

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