RBI cancels Certificate of Registration of one NBFC and one ARC - आरबीआय - Reserve Bank of India
RBI cancels Certificate of Registration of one NBFC and one ARC
The Reserve Bank of India, 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 company.
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. Further, the Reserve Bank of India, in exercise of powers conferred on it under Section 4 (1) (e) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, has cancelled the Certificate of Registration of the following company.
As such, the above company shall not transact the business of an Asset Reconstruction Company.
(Puneet Pancholy) Press Release: 2025-2026/296 |