4 NBFCs registration cancelled by RBI


The Reserve Bank of India on Monday said that it has cancelled the certificate of registration of four non-banking financial companies.No details were given by the apex bank for cancellation of the certificates of these firms.“The Reserve Bank has cancelled the certificate of registration of four non-banking financial companies (NBFCs) in exercise of the powers under the Reserve Bank of India Act, 1934”, it said in a notification on Monday. Goyal Commercial Pvt Ltd and First Debt Management Co. of India Ltd are the NBFCs belonging to Kolkata, while Nostalgia Finvest Private Limited and Narad Realtors Private Limited belong to Mumbai.Goyal Commercial Pvt Ltd and First Debt Management Co. of India Ltd are the NBFCs belonging to Kolkata, while Nostalgia Finvest Private Limited and Narad Realtors Private Limited belong to Mumbai

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