RBI cancels Certificate of Registration of 4 NBFCs Companies.
Reserve Bank of india has cancelled the Certificate of Registration (CoR) of the Kanva Shree Credit Private Limited (formerly known as MCI Leasing Private Limited) Karnataka – 560 010 with CoR No.(B-02.00156) , SRS Finance Limited Haryana- 121007 with CoR No. (N-14.03202), Galaxy Capital Finance Limited Uttar Pradesh – 208007 with CoR No. (12.00069) along with Williamson Magor & Co. Ltd. West Bengal- 700001 with CoR No. (N-05.05534) As such, company shall not transact the business as a Non-Banking Financial Institution