The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.
By the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of a non-banking financial company.
Check list of companies whose Certificate of Registration – Cancelled by RBI.
Latest Certificate of Registration Cancelled by RBI.
Certificate of Registration of Matruka Investments Ltd. – Cancelled