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RBI cancels registration certificate of NBFC in AP
Mumbai, Sept 12: The Reserve Bank of India has cancelled the certificate of registration granted to Secunderabad-based Abhay Investments Pvt Ltd for carrying on business of a non-banking financial institution (NBFC).
Mumbai, Sept 12: The Reserve Bank of India has cancelled the certificate of registration granted to Secunderabad-based Abhay Investments Pvt Ltd for carrying on business of a non-banking financial institution (NBFC).
The entity has been prohibited from transacting business of a NBFC. This bars it from accepting deposits and alienating its assets, RBI said in a release here today.
Bureau Report