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RBI cancels Certificate of Registration of five NBFCs
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....BI cancels Certificate of Registration of five NBFCs <br>News and Press Release<br>Dated:- 6-5-2014<br><BR>The Reserve Bank of India has cancelled the certificate of registration of five non-banking f....
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....inancial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the companies cannot transact the business of non-bank....
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....ing financial institution. The five companies are: Sr. No. Company's Name Address of Registered Office Date of cancellation 1. SKLS Finance Pvt. Ltd. 4/905, GNT Road, Padianallur, Redhi....
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....lls, Chennai-600052 March 28, 2014 2. B.K.T.Finance Ltd. 109, Audiappa Naicken Street, Rainbow Plaza, 3rd Floor, Chennai-600079 April 3, 2014 3. K.K.P. Credits Pvt. Ltd. 88, Salem Road, Namakk....
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....al-637001 April 9, 2014 4. M.C.T. Finance Pvt. Ltd. 202, Anna Salai, Chennai-600002 April 9, 2014 5. Thanjavur Investment Ltd. 20, Robinson Park Colony, Washermenpet, Chennai-600021 April 9, ....
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....2014 The Reserve Bank can cancel the registration certificate of a non-banking financial company under the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934,. The busine....
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....ss of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. S. K. Gaonkar Assistant Manager<BR> News - Press release - PIB....