Posted inRBI Announcements
10 NBFCs Surrender RBI Registration Certificates
The RBI has cancelled NBFC registration certificates of 10 companies that surrendered their CoRs for various reasons including business exit and merger.
Posted inRBI Announcements
RBI Fines Muthoot Vehicle Finance for KYC Lapse
RBI has imposed a ₹2.70 lakh KYC penalty on Muthoot Vehicle and Asset Finance Limited for failing to review account risk categorisation periodically.
Posted inRBI Announcements
RBI Fines Dhani Loans ₹2.70 Lakh for NPA Lapse
RBI has fined Dhani Loans and Services Limited ₹2.70 lakh for failing to classify certain loan accounts as NPAs.