RBI calls-off registration certificate of three NBFCs
As per other notification issued, nine NBFCs and one housing finance company surrendered their licence, whereas Reliance Home Finance Ltd surrendered its licence after exiting the Housing Finance Institution business.
The Reserve Bank of India has reportedly cancelled the certificate of registration of three non-banking finance companies [NBFC]. The three NBFCs are Bharathu Investment& Finance India, Cox & Kings Financial Service, and PSPR Enterprises Pvt Ltd.
As per other notification issued, nine NBFCs and one housing finance company surrendered their licence, whereas Reliance Home Finance Ltd surrendered its licence after exiting the Housing Finance Institution business.
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