December 2016 Current Affairs

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RBI cancelled Certificate of Registration of four NBFCs

RBI cancelled Certificate of Registration of four NBFCs
11 May 2016 Current Affairs: The Reserve Bank of India (RBI) on 10 May 2016 cancelled the certificate of registration of the four Non-Banking Financial Companies (NBFCs).

RBI cancelled their certificates in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

NBFCs whose certificate of registration were cancelled include

  1.  M/s Neelanjali Engineering Private Limited

  2. M/s Novoflex Tradecom Private Limited

  3. M/s Guide Investments and Trading Co. Pvt. Ltd

  4. M/s Enol Ventures Private Limited


Apart from this, seven Maharashtra-based Non Banking Financial Institutions have surrendered their registration certificates following which they won't be allowed to transact their financial business. Out of the seven firms who have returned their licences, six are based in Mumbai and one in Pune. These include


  1. M/s V.H Doshi & Sons Investment Pvt. Ltd.

  2. M/s Vinodchandra Doshi Investment Co Private Limited

  3. M/s Samarth Doshi Investment Co. Private Limited

  4. M/s Echjay Overseas Trades Private Limited

  5. M/s Hari Mahavin Investment Private Limited

  6.  M/s Baroda Industries Private Limited

  7. M/s Eureka Finvest Private Ltd.




December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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