Housing finance co, 8 NBFCs surrender certificates of registration to RBI
- Country:
- India
Eight Non-Banking Financial Companies (NBFCs) and one housing finance company have surrendered their certificates of registration to RBI.
The Mumbai-based Indie Homefin Pvt Ltd has surrendered the Certificate of Registration (CoR) granted by the National Housing Bank and the Reserve Bank of India (RBI) has therefore cancelled the CoR, the central bank said in a statement on Thursday.
The NBFCs that have surrendered the CoRs are Morgan Stanley India Securities Pvt Ltd, Sankalp Granites Pvt Ltd, Yardley Investment and Trading Company Pvt Ltd, Shirdi Credit and Finance Pvt Ltd, Mangalam Softwares Pvt Ltd, Dholadhar Investments Pvt Ltd, Goodwill Financial Services Pvt Ltd and West Bengal Industrial Development Corpn Ltd.
Following the cancellation of the CoR, Indie Homefin cannot transact the business of a housing finance institution nor of a non-banking financial institution.
The eight NBFCs too cannot carry out the business of non-banking financial institutions.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Investments Pvt Ltd
- Mangalam Softwares Pvt Ltd
- Dholadhar
- Mumbai
- Shirdi Credit and Finance Pvt Ltd
- Goodwill Financial Services Pvt Ltd
- Reserve Bank
- Yardley Investment and Trading Company
- National Housing Bank
- CoRs
- Morgan Stanley India Securities Pvt Ltd
- West Bengal
- Indie Homefin Pvt Ltd
- India
- Non-Banking Financial Companies
- Industrial Development Corpn Ltd.
- Sankalp Granites Pvt Ltd
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