CURRENT AFFAIRS : BANKING & FINANCE
RBI cancels certificate of registration of 7 NBFCS & 14 surrender permits
- The Reserve Bank of India (RBI), in the exercise of powers conferred on it under Section 45-IA (6) of the RBI Act, 1934, has cancelled the Certificate of Registration of 7 Non-Banking Finance Companies (NBFCs).
List of 7 NBFCs :
- Coorg Tea Company, Bangalore,Karnataka
- Trimurthi Finvest, Bilaspur, Chattisgarh
- East West Finvest India, Bilaspur, Chattisgarh
- J.V.Modi Securities, Indore, Madhya Pradesh (MP)
- K K Patel Finance, Gwalior, MP
- Purvi Finvest, Bilaspur, Chattisgarh
- Genfin Capital Pvt Ltd, Bangalore,Karnataka
