RBI accepts 2 core investment companies' applications for surrendering registrationThe Reserve Bank of India has cancelled registration certificates for several non-banking financial companies and core investment companies...
RBI cancels registrations of 150 NBFCs; around 67 firms from Delhi, 75 from West BengalThe Reserve Bank of India has cancelled the registration of 150 Non-Banking Financial Companies. The highest number of affected firms are r...
Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: ReportVenture capital firm Peak XV Partners has exited Indian fintech One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. This e...
One MobiKwik Systems shares soar 20% in two sessions. What’s triggering the sharp surge?MobiKwik Systems shares surged on Tuesday. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. ...
RBI cancels registration certificate of Datta Finance and TradingReserve Bank of India cancelled Datta Finance's registration. The action follows violations of digital lending guidelines. Datta Finance ou...
Nine NBFCs surrender certificate of registration: RBIThe Reserve Bank of India received surrender requests from nine Non-Banking Financial Companies. These included PhonePe Technology Services...
Twenty NBFCs surrender registration certificates to RBIThe Reserve Bank of India (RBI) announced that 20 non-banking financial companies, including Reliance Commercial Finance and IDFC Limited, ...
L&T Finance, L&T Infra Credit and 5 other NBFCs surrender certificates of registrationL&T Finance, L&T Infra Credit, and five other non-banking financial companies (NBFCs) have surrendered their certificates of registration t...
RBI cancels certificate of registration of 3 NBFCsIn another statement, it said two Non-Banking Financial Companies (NBFCs) have surrendered their certificate of registration.
RBI cancels registration of 5 NBFCs due to irregular lending practices"The CoR of the (five) NBFCs have been cancelled on account of violation of RBI guidelines on outsourcing and Fair Practices Code in their ...
RBI says 22 NBFCs have surrendered their registration certificatesWith cancellation of the CoRs, these 22 entities cannot transact the business of a Non-Banking Financial Company (NBFC), the RBI said in a ...
RBI cancels registration certificate of P C Financial Services operating 'Cashbean' app"The CoR of the company has been cancelled on account of supervisory concerns such as gross violations of RBI directions on outsourcing and...
Housing finance companies, 8 NBFCs surrender certificates of registration to RBIThe NBFCs that have surrendered the CoRs are Morgan Stanley India Securities Pvt Ltd, Sankalp Granites Pvt Ltd, Yardley Investment and Trad...
Incident could have been avoided had woman not gone out in evening: NCW member on UP gangrape"I think if she had not gone out in the evening or was accompanied by any child of the family perhaps this incident could have been avoided...
RBI cancels CoR of two non-banking FIsRBI restricted two non-banking financial institutions from transacting business allegedly for not complying with the operating guidelines a...
RBI cancels CoR of two Gujarat based Non-banking FIsRBI restricted two non-banking financial institutions(NBFIs) from transacting business allegedly for not complying with the operating guide...
- RBI tightens screws on non-operative NBFCs
The Reserve Bank said NBFCs will have to commence business within six months of obtaining certificate of registration (CoR) else their lice...