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The Reserve Bank of India (RBI), in train of powers conferred on it below Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the next two corporations.
As such, the above corporations shall not transact the business of a Non-Banking Financial Institution, as outlined in clause (a) of Section 45-I of the RBI Act, 1934. (Yogesh Dayal)Â Â Â Â Â Â Press Release: 2022-2023/1177 |
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