Reetu | Apr 14, 2023 |
RBI cancels Certificate of Registration of two NBFCs; Check Details
The Reserve Bank of India(RBI) in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.
As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.
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