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Registration of 5 NBFCs cancelled by RBI, Check list

The Reserve Bank of India has cancelled the Certificate of Registration (CoR) of five Non-Banking Financial Companies (NBFCs). The five NBFCs are UMB Securities Ltd, Anashri Finvest, Chadha Finance, Alexcy Tracon and Jhuria Financial Services. ....

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Loan Apps: RBI Cancels Registration of 5 NBFCs for Irregular Lending Practices

The Reserve Bank of India (RBI) cancelled certificate of registration (CoR) of five non-banking financial companies (NBFCs) for violating norms related to outsourcing and fair practices code in their digital lending operations. ....

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