Avinash Exim Private Limited

RBI cancelled the CoR of 32 NBFCs named in the release. The entities can no longer carry on NBFC business.

All 32 named companies are barred from carrying on NBFC business going forward. This affects their ability to undertake non-banking financial institution activities and requires them to cease such operations immediately from the cancellation date stated for each company.

• Section 45-IA (6) of the Reserve Bank of India Act, 1934
• Section 45-I of the RBI Act, 1934

This RBI action affected 32 entities. This profile is linked as bulk member.

RBI cancelled the CoR of 30 NBFCs. The named companies can no longer transact NBFC business.

All 30 named companies lose their NBFC registration and are barred from carrying on non-banking financial institution business. This directly affects their ability to continue regulated lending/finance activities as NBFCs.

• Section 45-IA (6) of the Reserve Bank of India Act, 1934
• Section 45-I of the RBI Act, 1934

This RBI action affected 30 entities. This profile is linked as bulk member.