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Financial Markets

RBI cancels registration for 2 NBFCs, cites irregular lending practices

The Reserve Bank on Monday said it has cancelled the certificates of registration of two NBFCs -- Star Finserv India and Polytex India -- due to irregular lending practices. Hyderabad-based Star Finserv India was offering the service under 'Progcap'

By: business-standard.com

Jul 08 2024
20
12094 Views

RBI cancels registration for 2 NBFCs, cites irregular lending practices

RBI cancels registration for 2 NBFCs, cites irregular lending practices

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