The RBI on Friday cancelled the certificate of registrations of as many as 31 on Non-Banking Financial Companies (NBFCs) for unspecified reasons. It can be noted that there are more than 12,000 registered NBFCs in the country under the regulation of the RBI, with a handful of them being deposit-taking ones which are regulated tightly.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2DfiTdL
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