Economy & Policy◆ Mixed
RBI Cancels Certificate Of Registration Of Five NBFCs, Eight Surrender Licences
RBI is in focus.
· NDTV Profit
The RBI has cancelled the licence of Dar's Financial Services, Rolta Holding and Finance Corporation, Vasudeo Securities, Parsoli Corporation, and A C Choksi Financial Services.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.