RBI cancels licence of 5 NBFCs

Tags: News
The Reserve Bank today cancelled licences of five non-banking financial companies (NBFCs), including Unichem Finance & Enterprises Pvt.

The companies, all of which belongs to Kolkata, cannot transact the business of non-banking financial institution, RBI said in a statement.

Other NBFCs are Shimansu Vyaparik Kendra Ltd, Shree Bhagwati Marketing Private Ltd, Sureka Teknik Private Limited.

EDITORIAL OF THE DAY

  • In these three-odd years, BSE Sensex hit a lifetime high of 30,000 from 20,000

    Amassive 1,000 per cent surge in 120 stocks from October 13, 2013 till date, after Narendra Modi was declared BJP’s prime ministerial candidate is s

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Disequilibrium : THE UGLY AND INCONVENIENT TRUTH

Same song, different verse. The time for polemics over how ...

Gautam Datt

Terror comes calling again in Valley

The attack on army camp in Jammu and Kashmir’s Kupwara ...

Kuruvilla Pandikattu

The forgotten hero of science & religion

Young students of science will recognise Albert Einstein, Isaac Newton, ...