RBI cancels Certificate of Registration of Two NBFCs:

RBI cancels Certificate of Registration of Two NBFCs The Reserve Bank of India (RBI), in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has canceled the Certificate of Registration. Non-Banking Financial Companies are: Todays Holdings Private Limited: Integrated Finance Company Limited: 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.