RBI cancels Certificate of Registration of NBFC; Check Reason

The Reserve Bank of India(RBI) has cancelled the Certificate of Registration of NBFC for non-compliance with directions of RBI.

RBI cancels Certificate of Registration of NBFC

Reetu | May 29, 2023 |

RBI cancels Certificate of Registration of NBFC; Check Reason

RBI cancels Certificate of Registration of NBFC; Check Reason

The Reserve Bank of India(RBI) has cancelled the Certificate of Registration of NBFC for non-compliance with directions of 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 company.

As such, the above company 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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Reetu
Name: Reetu
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Location: Delhi, India
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Reetu is a Content Writer with 3+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM(Honrs.) Graduate.

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