RBI cancelled Certificate of Registration of four NBFCs
Free Current Affairs to Your Email
Posted on:11 May 2016 09:32:08
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
M/s Neelanjali Engineering Private Limited
M/s Novoflex Tradecom Private Limited
M/s Guide Investments and Trading Co. Pvt. Ltd
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
M/s V.H Doshi & Sons Investment Pvt. Ltd.
M/s Vinodchandra Doshi Investment Co Private Limited
FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.