ENA Economy 2018-12-20 09:50:10 <p><strong>New Delhi, Dec 20 (KNN) </strong>The Reserve Bank of India (RBI) has cancelled certificates of as many as 30 Non-Banking Financial Companies (NBFCs) in the month of December.</p> <p>RBI said These companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.</p> <p>Of 30 NBFCs, RBI cancelled certificates of 19 companies from West Bengal, 8 companies from New Delhi and 3 companies from Uttar Pradesh.</p> 21601 https://knnindia.co.in/news/newsdetails/economy/rbi-cancels-certificates-of-registration-of-30-nbfcs 2018-12-20 09:50:10 knnindia.co.in