RBI Cancels Registration of Four NBFCs

The Reserve Bank of India (RBI) recently announced the cancellation of the Certificate of Registration (CoR) for four Non-Banking Financial Companies (NBFCs). This decision was made under Section 45-IA (6) of the RBI Act, 1934,  Details of the Cancellation The following NBFCs have surrendered their CoR: Exit from NBFC Business Sicom Investments & Finance Limited … Read more