https://www.taxtmi.com/news?id=16040 The Reserve Bank of India cancelled the certificates of registration of three NBFCs under Section 45-IA(6) of the Reserve Bank of India Act, 1934, thereby revoking their authorization to operate as non-banking financial companies; as a result, the entities are prohibited from transacting NBFC business under clause (a) of Section 45-I of the Act. en-us Wed, 20 Apr 2016 18:55:19 +0530 Wed, 20 Apr 2016 18:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16040 The Reserve Bank of India cancelled the certificates of registration of three NBFCs under Section 45-IA(6) of the Reserve Bank of India Act, 1934, thereby revoking their authorization to operate as non-banking financial companies; as a result, the entities are prohibited from transacting NBFC business under clause (a) of Section 45-I of the Act. News - Wed, 20 Apr 2016 18:55:19 +0530 https://www.taxtmi.com/news?id=16040