The Reserve Bank has cancelled the registration certificates of 35 non-banking financial institutions
Reported by Sanchita chatterjee The Reserve Bank has cancelled the registration certificates of 35 non-banking financial institutions for failing to comply with regulatory guidelines.: The Reserve Bank has cancelled the registration certificates of 35 non-banking financial institutions for failing to comply with regulatory guidelines.
🔹The central bank has stated that these entities will no longer be permitted to conduct business as non-banking financial institutions.
🔹The Reserve Bank has advised the public to verify the regulatory status of financial institutions before engaging in any financial transactions.
Reported by Sanchita chatterjee The Reserve Bank has cancelled the registration certificates of 35 non-banking financial institutions for failing to comply with regulatory guidelines.: The Reserve Bank has cancelled the registration certificates of 35 non-banking financial institutions for failing to comply with regulatory guidelines.
🔹The central bank has stated that these entities will no longer be permitted to conduct business as non-banking financial institutions.
🔹The Reserve Bank has advised the public to verify the regulatory status of financial institutions before engaging in any financial transactions.
Comments