The Reserve Bank of India, in train of powers conferred on it underneath Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the next firm.
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 RBI Act, 1934. (Yogesh Dayal) Press Release: 2022-2023/845 |