Three NBFCs surrender their CoR to RBI - RBI - Reserve Bank of India
80309157
Published on July 12, 2022
Three NBFCs surrender their CoR to RBI
The following three Non-Banking Financial Companies (NBFCs) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.
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 Reserve Bank of India Act, 1934. (Yogesh Dayal) Press Release: 2022-2023/521 |
PLAYING
LISTEN
Was this page helpful?