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RBI Imposes Rs21.55 Lakh Penalty on Dhani Loans and Nido Home Finance

The Reserve Bank of India (RBI) has imposed monetary penalties of Rs21.55 lakh on Dhani Loans and Services Ltd and Nido Home Finance Ltd, formerly Edelweiss Housing Finance Ltd, for violating various rules and regulations the banking regulator prescribes. Of the two non-banking financial companies (NBFCs), one is from Haryana and the other belongs to Mumbai. ....

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RBI imposes penalty on Nido Home Finance Ltd

RBI imposes penalty on Nido Home Finance Ltd
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Who is Rashesh Shah, whose firm Edelweiss is under attack for death of art director Nitin Desai?

The Group’s flagship Edelweiss Financial Services Ltd , which is also a holding company earned revenues of Rs 8,764 crore in 2022-23. It has a net worth of Rs 8,502 crore , net debt of Rs 16,360 crore and profits excluding insurance is around Rs 610 crore. ....

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