RBI lifts the eCOM and Insta EMI Card Ban of Bajaj Finance
Bajaj Finance announced to the stock exchange that the Reserve Bank of India (RBI) had removed the restrictions on its eCOM and online digital "Insta EMI Card" on Thursday, with an immediate effect.
Bajaj Finance Re-appoints Naushad Forbes as Independent Director
The Board of Directors of Bajaj Finance has recommended to the shareholders the reappointment of Dr. Naushad Forbes as a Non-Executive Independent Director for a second term of five years, with effect from April 1, 2024.
Bajaj Finance’s Executive Director Rakesh Bhatt Resigns
Bajaj Finance Limited had intimated to the regulators filing about the resignation of Rakesh Bhatt as an Executive Director with effect from January 31, 2024, due to a new career opportunity outside of the Company.
Management Changes at Bajaj Finance
The Board of Directors of Bajaj Finance Limited has approved the reappointment of Anami N Roy as a Non- executive independent Director for a second term of five years.
RBI directs Bajaj Finance to cease lending through ‘eCOM’ and ‘Insta EMI Card’
The banking sector regulator, the Reserve Bank of India (RBI), has taken action under Section 45L(1)(b) of the RBI Act of 1934 and mentioned that Bajaj Finace Limited must follow their instructions with “immediate effect".
