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The Times of India
The Times of India
National
U Sudhakar Reddy | TNN

RBI cancels registration of NBFC for its Chinese links

RBI ED Reserve Bank of India

HYDERABAD: The Reserve Bank of India on Thursday cancelled the certificate of registration issued to PC Financial Services Private Limited, an NBFC, which is linked to Chinese companies.

The RBI said PC Financial Services should not transact the business of a non-banking financial company.

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