10 NBFCS SURRENDER THEIR CERTIFICATE OF REGISTRATION TO RBI

MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release:

The following 10 Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR 1 Poonawalla Investments and Industries Private Limited S.No.268, Off Soli Poonawalla Road, Hadapsar, Pune, Maharashtra - 411028 N-13.01841 August 30, 2006 July...