RBI cancels Certificate of Registration of two NBFCs; Check Details:
RBI in exercise of powers conferred on it under Section 45-IA (6) of RBI Act, 1934, has cancelled Certificate of Registration of the two NBFCs.
RBI cancels Certificate of Registration of two NBFCs
Reetu
Apr 14, 2023RBI 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.
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.About Author
Reetu
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Reetu is a Content Writer with 4+ 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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