MUMBAI, India, Oct. 13 -- Reserve Bank of India issued the following press release:
The following 13 Non-Banking Financial Companies (NBFC) and 1 Housing Finance Company (HFC) 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/ Section 29A of National Housing Bank Act, 1987, 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 Pankaj Services Limited 3/14, Pal Mohan Apartment North West Avenue, Punja...