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RBI cancels certificate of registration: The Reserve Bank of India (RBI) on Thursday announced that it has cancelled the certification of registration of four non-banking finance companies (NBFCs) while 11 entities have surrendered their licences. The central bank noted that in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, it has therefore cancelled the CoR of the four NBFCs., Companies News, Times Now

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