RBI cancels registration certificate of Mumbai-based NBFC

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Press Trust of India Mumbai
Last Updated : Jan 16 2017 | 8:08 PM IST
Reserve Bank has cancelled registration certificate of one Mumbai-based NBFC Nupoor Capitals Pvt Ltd.
"RBI has cancelled the certificate of registration of Nupoor Capitals Private Limited," RBI said in a release.
While, Aeonian Investments Company (Mumbai) has surrendered the certificate of registration granted to it by the RBI, it said further.
"As such, the above companies cannot transact the business of a Non-Banking Financial Institution," said the release further.

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First Published: Jan 16 2017 | 8:08 PM IST

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