RBI cancels Certificate - Rightsofemployees.com https://www.rightsofemployees.com Know Your Rights Fri, 13 Sep 2024 10:20:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.rightsofemployees.com/wp-content/uploads/2018/01/cropped-emp1-32x32.png RBI cancels Certificate - Rightsofemployees.com https://www.rightsofemployees.com 32 32 RBI cancels Certificate of Registration of Four NBFCs https://www.rightsofemployees.com/rbi-cancels-certificate-of-registration-of-four-nbfcs/ Fri, 13 Sep 2024 10:25:40 +0000 https://www.rightsofemployees.com/?p=33051 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 […]

The post RBI cancels Certificate of Registration of Four NBFCs first appeared on Rightsofemployees.com.

]]> 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.

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