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Cancellation of Certificate of Registration of 6 NBFCs

June 11, 2018: 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.

Cancellation of Certificate of Registration of 6 NBFCs

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.


Source: Reserve Bank of India (RBI)

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