RBI cancelled Certificate of Registration of 22 NBFCs
Free Current Affairs to Your Email
Posted on:30 Mar 2016 15:47:52
30 March 2016 Current Affairs: Reserve Bank today said it has canceled registration of 22 non-banking financial companies (NBFCs) including that of Amazan Capital and Mascot Commerce.The RBI said it canceled the certificate of registration of the NBFCs in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934."Following the cancellation of registration certificate, these companies cannot transact the business of a non-banking financial institution," it said in a statement. NBFCs whose registration have been canceled include Kundan Leasing and Finvest, Raseera Investments, Limtex Impex, Dignity Motors Finance, Akansha Consultancy Services, Bini Commercial Enterprises, Nirankar Investments, and Surin Investments.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail