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The Economic Times

Business

RBI cancels licences of 5 NBFCs, 8 others surrender registrations

RBI Reserve Bank of India

The Reserve Bank of India (RBI) on Thursday cancelled the certificates of registration of five non-banking financial companies (NBFCs), while eight other NBFCs surrendered their registrations for various reasons, the central bank said in a release.

The RBI cancelled the licences of Dar's Financial Services, Rolta Holding and Finance Corporation, Vasudeo Securities, Parsoli Corporation and A C Choksi Financial Services.

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