<h1>RBI Revokes Registration of Three NBFCs in Vijaywada and Hyderabad u/s 45-IA (6) of RBI Act, 1934.</h1> The Reserve Bank of India (RBI) has revoked the certificates of registration of three non-banking financial companies (NBFCs), prohibiting them from conducting business as non-banking financial institutions. The affected companies are located in Vijaywada and Hyderabad. The cancellations occurred between April 30 and May 15, 2014, under the authority granted by Section 45-IA (6) of the Reserve Bank of India Act, 1934. This action prevents these companies from engaging in non-banking financial activities as defined in the Act.