<ul><li>The Reserve Bank of India (RBI) has granted approval to Navi Finserv, led by Sachin Bansal, to disburse home loans that were sanctioned before October 20, 2024.</li><li>This approval allows Navi Finserv to provide relief to customers whose loans were approved but not yet disbursed before the RBI's ban on loan sanctioning and disbursal activities took effect.</li><li>The RBI's temporary provision allows Navi Finserv to carry out pre-sanctioned home loan disbursals until December 31, 2024, addressing the needs of customers already committed to loans.</li><li>Similar restrictions have also been placed on three other NBFCs, reflecting increased oversight and scrutiny within the sector to ensure fair pricing and ethical lending practices.</li></ul>

Sachin Bansal's Navi Finserv gets RBI approval to disburse pre-October 20 home loans

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