RBI lifts restrictions on Bajaj Finance's eCOM, Insta EMI Card with immediate effect

The Reserve Bank of India (RBI) has lifted the restrictions on Bajaj Finance's eCOM and online digital ‘Insta EMI Card’ with immediate effect, according to an exchange filing by the company. The RBI's decision follows the remedial actions taken by Bajaj Finance. Consequently, the company will resume the sanction and disbursal of loans in these two business segments, including the issuance of EMI cards.