RBI cancels Certificate of Registration of One NBFC:

The Reserve Bank of India has cancelled the Certificate of Registration of One Non-Banking Financial Company (NBFC).
Certificate of Registration of One NBFC

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.
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.About Author
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