The following Non-Banking Financial Company (NBFC) has surrendered the Certificate of Registration (CoR) granted to it by the Reserve Bank of India (RBI). The RBI, in train of powers conferred on it below Section 45-IA (6) of the Reserve Bank of India Act, 1934, has due to this fact cancelled its CoR.
As such, the above firm shall not transact the business of a Non-Banking Financial Institution, as outlined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. (Yogesh Dayal) Press Release: 2022-2023/844 |