9911796707
| News | |||||||||||
|
Home |
|||||||||||
|
|
|||||||||||
RBI cancels Certificate of Registration of M/s Sai Adarsha Finance & Investments India Private Limited |
|||||||||||
| 8-10-2014 | |||||||||||
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution.
The Reserve Bank can cancel the registration certificate of a non-banking financial company under the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934. The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Ajit Prasad Assistant General Manager |
|||||||||||
