RBI cancels Certificate of Registration of Four NBFCs - RBI - Reserve Bank of India
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Published on April 05, 2024
RBI cancels Certificate of Registration of Four NBFCs
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 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. (Yogesh Dayal) Press Release: 2024-2025/53 |
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