Reetu | Dec 13, 2023 |
RBI cancels Certificate of Registration of One NBFC
The Reserve Bank of India (RBI) has cancelled the Certificate of Registration of One Non-Banking Financial Company (NBFC).
In the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the RBI has cancelled the Certificate of Registration of Jaryal Motor Finance Company Limited.
The Details of the Company are as follows:
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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