EconomyReserve Bank of India · official
Reserve Bank cancels Certificate of Registration of Gandhinagar Leasing and Finance Ltd.
BANKING · UPSC · SSC
In exercise of the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC):
Exam-ready takeaways
- As such, the above company shall not, hereinafter, transact the business of a Non-Banking Financial Institution (NBFI), as defined in clause (a) of Section 45-I of the RBI Act, 1934.
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