FOUR NBFCS SURRENDER THEIR CERTIFICATE OF REGISTRATION TO RBI

MUMBAI, India, June 12 -- Reserve Bank of India issued the following press release:

The following four 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 Benco Finance and Investments Private Limited Room No- 1-2, Kapadia Chambers, 51 Bharuch Street, Masjid Bunder (E), Princess Dock, Mumbai, Maharashtra - 40...