RBI's Stringent Measures: Cancellation of Registration and Surrender of Licenses in the NBFC Sector

CA Aman Rajput , Last updated: 15 November 2023  
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The Reserve Bank of India (RBI), the central bank of India, has taken decisive steps to regulate and strengthen the non-banking finance company (NBFC) sector. On November 10, 2023, the RBI revoked the certificate of registration of two NBFCs, Todays Holdings Pvt Ltd and Integrated Finance Co Ltd.

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CA Aman Rajput
(Chartered Accountant)
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